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
The correct answer would be 3.65.
B. (6, -8)
First, you need to figure out the slope of the line
(y1 - y2) / (x1 - x2)
After substituting points D(-3, 4) A(3, -4)
[4 - (-4)] / (-3 - 3)
(8) / (-6)
The slope of the line is -8/6 or -4/3 simplified
Then you can put it in point slope form:
(y - y1) = m(x - x1)
(y - y1) = -4/3(x - x1)
The point that I am using for point slope form is A(3, -4)
[y - (-4)] = -4/3(x - 3)
y + 4 = -4/3(x - 3)
Next you have to simplify the equation so that y is isolated
y + 4 = -4/3(x - 3)
First distribute the -4/3
y + 4 = -4/3(x) + (-4/3)(-3)
y + 4 = -4/3x + 4
Subtract 4 on both sides
y + 4 - 4 = -4/3x + 4 - 4
y = -4/3x
Now that you have y = -4/3x, you can substitute the values until one of them makes the equation equal
For example) (6, -8)
-8 = -4/3(6)
-8 = -8
So since (6, -8) fits in the slope intercept equation, it must me collinear with points A and D
~~hope this helps~~
Answer: A
Step-by-step explanation:
If he increases the amount then the less time it will take to pay the loan
Answer:
1,200 +3(60)
Step-by-step explanation:
1200 is where they started so every three hour period the submarine rises 60 ft per hour. So you multiply it by this and then 60. Positive because you are rising, and not going down.
