You have $44000 in a savings account that pays 2% annual interestand the inflatation rate is 3.24%. How much buying power in dol
lars will you lose in one year because of inflation?
1 answer:
At the end of the year ...
the price will be 44,000*1.0324 = 45,425.60
the bank balance will be 44,000*1.02 = 44,880.00
This is 545.60 fewer dollars than required to pay the price.
You lose $545.60 in current-year buying power.
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1:21 I believe, sorry if wrong
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Answer:both are in thousandths place,in the thousandths place both have 4 as a value
Step-by-step explanation:
1/5 divided by 5/7 is 7/25
1/5 ÷ 7/5 = 7/25
Your answer is 7/25
I think it is 10 because 18×10=180 but it is close hope this helps
