Step-by-step explanation:
First you have to convert each number to improper fractions.
Next you have to multiply denominator to denominator, and fraction to fraction.
Then simplify your final answer to the lowest form possible.
Hope this helps :)
m=-(5/4)
From left to right, (1,3) is first and then comes (5,-2). Always remember when finding slopes without equations, the rule is RISE over RUN, to the numerator and denominator, respectively.
The y value of the second coordinates becomes negative which is unlike the y value in the first coordinates, which means our slope is downward, meaning it has a negative sign in front.
In every slope, there’s a numerator, being the rise, and a denominator, being the run.
To find the rise, we must look at the y values. Starting at 3 going to -2 has a space of 5 units, making that our numerator.
To find the run, the first x value is 1 and the second is 5, making a space of 4, which is out denominator.
With these two numbers and the negative sign, we get -(5/4) as our slope.
Answer:
They lose about 2.79% in purchasing power.
Step-by-step explanation:
Whenever you're dealing with purchasing power and inflation, you need to carefully define what the reference is for any changes you might be talking about. Here, we take <em>purchasing power at the beginning of the year</em> as the reference. Since we don't know when the 6% year occurred relative to the year in which the saving balance was $200,000, we choose to deal primarily with percentages, rather than dollar amounts.
Each day, the account value is multiplied by (1 + 0.03/365), so at the end of the year the value is multiplied by about
... (1 +0.03/365)^365 ≈ 1.03045326
Something that had a cost of 1 at the beginning of the year will have a cost of 1.06 at the end of the year. A savings account value of 1 at the beginning of the year would purchase one whole item. At the end of the year, the value of the savings account will purchase ...
... 1.03045326 / 1.06 ≈ 0.9721 . . . items
That is, the loss of purchasing power is about ...
... 1 - 0.9721 = 2.79%
_____
If the account value is $200,000 at the beginning of the year in question, then the purchasing power <em>normalized to what it was at the beginning of the year</em> is now $194,425.14, about $5,574.85 less.
Answer:
a
Step-by-step explanation:
Answer:
.125
Step-by-step explanation:
