the total area of the pie is 237
Your interest formula is given to you.
<span>Interest in a year = principal (the amount invested) * rate (the interest rate) * period (the time you're measuring) </span>
<span>Interest = 55,000 * 2% * 1 year = 55,000 * 0.02 * 1 = $1,100 </span>
<span>How much would you need to have made for your spending power to keep with inflation? Your interest rate would have needed to match the inflation rate, otherwise, prices are going up faster than you're saving. </span>
<span>Required interest = 55,000 * 3.24% * 1 year = 55,000 * 0.0324 * 1 = $1,782 </span>
<span>How much buying power did you lose? The difference between your required interest and your actual interest. </span>
<span>Buying power lost = 1,782 - 1,100 = $682. You lost this much in buying power. </span>
Answer:

Step-by-step explanation:
Hi there!
<u>What we need to know:</u>
- Linear equations are typically organized in slope-intercept form:
where m is the slope of the line and b is the y-intercept (the value of y when x is 0) - Parallel lines always have the same slope
<u>1) Determine the slope (m)</u>
<u />
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4 is in the place of m, making it the slope. Because parallel lines have the same slope, the slope of the line is therefore 4. Plug this into
:

<u>2) Determine the y-intercept (b)</u>

Plug in the given point (6,8) and solve for b

Subtract 24 from both sides to isolate b

Therefore, the y-intercept of the line is -16. Plug this back into
:

I hope this helps!
Answer:
true
Step-by-step explanation: