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:
4x+5 ft
Step-by-step explanation:
1/2(4x²+29x+30) = 1/2 (x+6) * Height
Height = (4x²+29x+30) / (x+6) = (x+6) (4x+5) / (x+6) = 4x+5
I really do not know the answer to this question
Answer:
the slope is -3/2
Step-by-step explanation:
We need to get the equation in the form
y = mx +b where m is the slope and b is the y intercept
6x+6 = -4y
Divide by -4
-6x/-4 +6/-4 = -4y/-4
-3/2 x -3/2 = y
The slope is -3/2 and the y intercept is -3/2
