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>
Um idk sorry lol that’s way to hard for me
6x−12+2x=3+8x−15
Simplify:
6x+−12+2x=3+8x+−15
(6x+2x)+(−12)=(8x)+(3+−15)(Combine Like Terms)
8x+−12=8x+−12
8x−12=8x−12
Subtract 8x from both sides.
8x−12−8x=8x−12−8x
−12=−12
Add 12 to both sides.
−12+12=−12+12
0=0
The real numbers are the only solution we can have.
We need the rest of the question :)
The sum of the numbers is 20 10+10=20 20/2=10