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
Answer:
I can try
Step-by-step explanation:
Answer:

Step-by-step explanation:
A line with the highest absolute value of slope has the steepest graph
from the option, the highest is 5/2 so, y = 5/2 x is your answer.
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Answer:
x³+3
Step-by-step explanation:
Answer:
It is the last one. (16 for 2 tickets)
Step-by-step explanation:
To make it a unit fraction you have to divide the denominator by itself to get 1. 2 divided by 2 equals 1. To keep the fraction equivalent divide the numerator by 2 as well. That equals 8. This makes the unit rate
1/8 Which is the biggest