Answer:
It is a
Step-by-step explanation: I looked it up
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 $5,574.85 less.
Answer:
There will be 26 centimeters of pipe left.
Step-by-step explanation:
1 meter = 100 centimeter
Two 37 centimeter pipes = Total of 74 centimeters used
100 - 74 = 26 centimeters of pipe left
when a=4 and b=3,
3.14((4 x 2)+ (4 x 3)) = 3.14(8+12) = 3.14 x 20 = 62.8
For this, all you'll wanna do is add the answer to this problem to your original number...
16× .75 = 12
now add...
16 + 12 = 28$ per pound...
to make a 75% profit on the markets investment....I think I'll have a salad instead at that price...
