Hello,
If the rate of return on an investment was 3% and the inflation rate was also 3%, then your buying power would remain the same. The two equal values would cancel each other out.
Imagine being given $300 and than having to pay $300, you are back where you started.
Good luck,
MrEQ
F(1)=6(1)+2
= 6+2
=8
g(f(1))= 2x/5 +4/5
= 2(8)/5 +4/5
= 16/5 +4/5
= 20/5
=4
Answer:
4.87805%
Step-by-step explanation:
yuh yw
2/5 is equivalent to 4/10 so at the end of February 4/10 was used up
And at the end of January, 3/10 was used
so 4/10 + 3/10 = 7/10
At the end of February, 7/10 of the wood was used
