Hello,
If the rate of return on an investment was 3% and the inflation rate was also 3%, then your buying power would remain the same. The two equal values would cancel each other out.
Imagine being given $300 and than having to pay $300, you are back where you started.
Good luck,
MrEQ
Answer:
that really hard, wish you good luck!!!
Step-by-step explanation:
Answer:
$170
Step-by-step explanation:
50/1.25=40 pieces
40 * $4.25 = $170
HOPE THIS HELPS :)
Answer:
x= 127
Step-by-step explanation:
Please see the attached picture for full solution.
Answer:
C. 0.077
Step-by-step explanation:
Use binomial probability.
P = nCr pʳ qⁿ⁻ʳ
where n is the number of trials,
r is the number of successes,
p is the probability of success,
and q is the probability of failure (1−p).
n = 10, r = 4, p = 0.64, q = 0.36.
P = ₁₀C₄ (0.64)⁴ (0.36)⁶
P = 210 (0.64)⁴ (0.36)⁶
P = 0.077