Answer:
Therefore Neither option A nor option B will allow them to meet their goal....
Step-by-step explanation:
The Polleys need to save $6,000 over 12 months.
After 7 months they discovered that they have saved $ 3,100 but in actual they have to save $3,500. It means $400 are short. Therefore for the remaining months they must save $6000-$3100 = $2900. They have to save 2900/5 = $580 each month.
According to the Option A The original amount was $500, in 5 months they will save 500*5 =$2500. They need total of $2900, which means $400 are short.
According to the Option B Increase savings each month by $100 from their original plan makes a total amount of $3000. This amount exceeds their goal.
Therefore Neither option A nor option B will allow them to meet their goal....
300 is 10 times as much as 30.
because if you do 30 x 10 you get 300
What ever number A is, it is going to be less than whatever number B is.
Answer:
1.315%
Step-by-step explanation:
Given:
Prices:
Year 1 =old price =$95
Year 2 = new price = $96.25
The inflation rate is the difference in price between two Given period :
Inflation rate :
(Change in price / old price) * 100%
((New price - old price) / old price) * 100%
((96.25 - 95) / 96) * 100%
= (1.25 / 95) * 100%
= 0.0131578 * 100%
= 1.315%