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:
2.8
Step-by-step explanation:
ur welcome i hope this helps
Because a polygon is a shape that has equal sides and no curves.
204,000 grapefruit.
There are 10 grapefruit in each box and there are 20,400 boxes; you need to multiply the number of grapefruits in each box (10) times the number of boxes (20,400)
10x20,400=204,000
Don't forget the units! In this problem, the units are grapefruit.
Answer: The graph is stretched.
Step-by-step explanation:
