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charle [14.2K]
3 years ago
5

Question 10 of 10

Mathematics
1 answer:
o-na [289]3 years ago
7 0

I hope this helps you

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You have $55,000 in savings account that pays 2% intrest per year. The inflation rate that year is 3.24%. How much do you make i
Sever21 [200]
Your interest formula is given to you.

Interest in a year = principal (the amount invested) * rate (the interest rate) * period (the time you're measuring)

Interest = 55,000 * 2% * 1 year = 55,000 * 0.02 * 1 = $1,100

How much would you need to have made for your spending power to keep with inflation? Your interest rate would have needed to match the inflation rate, otherwise prices are going up faster than you're saving.

Required interest = 55,000 * 3.24% * 1 year = 55,000 * 0.0324 * 1 = $1,782

How much buying power did you lose? The difference between your required interest and your actual interest.
Buying power lost = 1,782 - 1,100 = $682. You lost this much in buying power.

Hope that helped :)
6 0
3 years ago
200% of $5( please help)
Solnce55 [7]

Answer:

I think its 10

Step-by-step explanation:

hope this helps

4 0
2 years ago
Read 2 more answers
This is a picture of a cube and the net for the cube.
makvit [3.9K]

I cant give you the answer without the picture but I can tell you how to solve it.

if all the sides are the same length just multiply one of the numbers by the sides, for example, a rubics cube is 9 cm on each side. 9*6=54, so the answer would be 54 cm

6 0
2 years ago
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Bradford starting his first newspaper route. He will deliver 17 newspapers. A newspaper subscription cost each customer six doll
STatiana [176]
I have no idea so i cannot help you sorry
8 0
3 years ago
Read 2 more answers
Collect data from all your family members and write down their heights (in cm).
bija089 [108]

Answer:

mode : the value that appears most frequently in a data set

mean : te everage of all number

median : the middle number in a sorted, ascending or descending

range : the difference between the largest and smallest numbers.

ANSWER ;

mode : none

mean : 145.4 ( you need to add all the number and divide by how many your family member)

median : 159

range : 80 ( the largest - the smallest)

4 0
2 years ago
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