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:
Step-by-step explanation:
angle 1= 50 degrees
x angle=50 degrees
cross multiply and you get and you get <u><em>1</em></u> as your answer
Answer:
$5,000
Step-by-step explanation:
Create a proportion:
11/100 = 550/x
100(550)/11
5,000= x
<em>A 64 ounce bottle of organic orange juice costs $14.72. What is the price
</em>
<em>per ounce?; </em>0.23
<em>Anna typed 600 words in 15 minutes. How many words can she type per
</em>
<em>minute?; </em> 40 words per minute
Answer:
I think its 5 to the third (the second option). but I'm not sure. Im not the best with exponents.
