We solve the question as follows:
Simple interest=Principle×Rate×Time
Thus given:
p=$55000, R=2.5%, time= 1 year
thus
Interest=55000×0.025×1=$1375
To evaluate the amount required to keep up with the inflation, your interest rate should match the inflation rate otherwise prices are going up faster than the savings.
Required interest rate=55000×0.034×1=$1870
The buying power lost will be the difference between your required interest and actual interest.
Thus:
Buying power lost=1870-1375=$495
Answer: A − 9/7
Step-by-step explanation:
Hi, to answer this question we have to convert all the numbers into decimal form.
-3 1/3 = - (3x3+1)/3 =-10/3 = - 3.3334
-4/5 = -0.8
Since he number must greater than −3 1/3 but less than − 4/5.
−3 1/3 < x < − 4/5.
- 3.3334 < x < -0.8
The correct option is A = -9/7 , because in decimal form is equal to -1.28-
- 3.3334 < -1.28 < -0.8
Answer:
1.) Pray to Jesus. 2.) Go to the nurse, she'll give you an mint. 3.) If you're lucky an ice pack. 4.) Rethink life decisions. 5.) Go back to classroom
Step-by-step explanation:
Mind taking a look at my newest question??
The answer is B hope this helped
