Your newest coworker is not as productive as other members of your team. You and your coworkers have to work harder to make up f
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Answer:
Consider the complete question is,
'Ms. Lane borrowed $1,000 from her bank for one year at an interest rate of 10 percent. During that year, the price level went up by 15 percent. Which of the following statements is correct?
a. Ms. Lane will repay the bank fewer dollars than she initially borrowed.
b. Ms. Lane's repayment will give the bank less purchasing power than it originally loaned her.
c. Ms. Lane's repayment will give the bank greater purchasing power than it originally loaned her.
d. Ms. Lane's repayment will give the bank the same purchasing power that it originally loaned her.'
Solution :
We have,
The borrowed amount, P = $ 1,000,
Interest rate, r = 10% = 0.1,
Time, t = 1 year,
Thus, the returned amount,
∵ A > P
⇒ Ms. Lane will repay the bank greater dollars than she initially borrowed.
Now, the price level went up by 15 percent,
∵ 1000 + 15% of 1000 = 1000 + 150 = 1500
And, 1500 > 1100
⇒ Ms. Lane's repayment will give the bank less purchasing power than it originally loaned her.
The difference in mail handled between 195 and 1965 is -5.4 x 10
<h3>What is the difference in mail handled?</h3>The data on the pieces of mail handled by the United States Postal Service is written in scientific notation. Scientific notation is used to compress larger numbers into smaller numbers.
In order to write a number in scientific notation, the number is written as a decimal number, between 1 and 10 and multiplied by a power of 10. For example, 1 x 10² is equivalent to 100
Difference in mail handled = mail handled in 1995 - mail handled in 1965
(1.8 x ) - (7.2 x
)
(1.8 - 7.2) x
-5.4 x 10
To learn more about scientific notation, please check: brainly.com/question/25334755
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