Answer:
C
Step-by-step explanation:
Answer:
B
Step-by-step explanation:
Substitute the x value into the right side of the function and if the value obtained is equal to the y value of the point then it is a solution.
(0, - 4) → y = 5(0) - 4 = 0 - 4 = -4 ← True
(2, 6) → y = 5(2) - 4 = 10 - 4 = 6 ← True
(4, 20) → 5(4) - 4 = 20 - 4 = 16 ← False
(4, 16) → 5(4) - 4 = 20 - 4 = 16 ← True
(0, - 4), (2, 6), (4, 16) ← possible inputs and outputs
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