Purchasing power is the value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. A rate of return is the annual percentage return realized on an investment, which is adjusted for changes in prices due to inflation or other external effects.
Given:
Rate of return = 3%Rate of inflation =3%
Buying Power = 3% - 3% = 0%
Thus, the buying power will remain same for the year.
Answer:
breath
Step-by-step explanation:
<u><em>Question 9:</em></u>
Simplify what is in the parenthesis
Multiply 20 to 5
Divide 50 to 100
<u><em>*(Answer)*=</em></u>
<u><em>Question 10:</em></u>
÷ 
Simplify what is in the parenthesis
Divide 6 to 18
Add 5 to 3
<u><em>*(Answer)*=</em></u> 8
Hope this helps
User who answered: <u><em>BangtanBoyScouts</em></u>
Answer:150
Step-by-step explanation:
So every year the interest will be $1000 * 5 / 100 = $50. That is, after 3 years 3 * $50 = $ 150. Simple interest does not take into account the reduction of the principal but calculates the interest over the same initial amount, in this case $1000. So, the answer is $150, which is the result of $50 times 3.
