Answer:
D
Step-by-step explanation:
You have to use pythagorean theorem to solve this.
D is the correct answer 0.3234
Answer:
Step-by-step explanation:
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
35 divided by 2 1/2
change 2 1/2 to an improper fraction
2 1/2 = 5/2
35 divided by 5/2
copy dot flip
35 * 2/5
70/5
14
you can make 14 plots
