Your interest formula is given to you.
<span>Interest in a year = principal (the amount invested) * rate (the interest rate) * period (the time you're measuring) </span>
<span>Interest = 55,000 * 2% * 1 year = 55,000 * 0.02 * 1 = $1,100 </span>
<span>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. </span>
<span>Required interest = 55,000 * 3.24% * 1 year = 55,000 * 0.0324 * 1 = $1,782 </span>
<span>How much buying power did you lose? The difference between your required interest and your actual interest. </span>
<span>Buying power lost = 1,782 - 1,100 = $682. You lost this much in buying power. </span>
3/10 is the probability of winning
Answer:
So there is a 2 in 13 chance to pull out either an ace or king from the deck
Step-by-step explanation:
I hope this helps you
x =4
f (4)= 4.4+7 = 16+7=23
f (4)= 4.4-7=16-7=9
Answer:
The first table.
Step-by-step explanation:
A slope of 0 means that as x increases, y stays the same. In the first table, all of our y-values are 2; this means that y stays constant.
To prove it, we use our formula for slope:
The slope of the line between the first two points is
(2-2)/(-3--1) = 0/-2 = 0
The slope of the line between the second pair of points is
(2-2)/(-1-1) = 0/-2 = 0
The slope of the line between the next pair of points is
(2-2)/(1-3) = 0/-2 = 0
Since the slope between each pair of points is 0, the slope of the entire line is 0.
