The slope of the line is 2/1 and the y-intercept is (0,-3). Using that information, we can figure out two points on the line.
Point 1: (0,-3)
Point 2: (1,-1)
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:
a) What is the amount off the original price?
= $8.4
b) What is the new price for the pair of shoes?
= $33.6
Step-by-step explanation:
a) What is the amount off the original price?
We are told that:
The sale price is 20% off the original price.
Original price = $42
Hence:
$42 × 20%
$42 × 20/100
= $8.4
b) What is the new price for the pair of shoes?
The new price =
0riginal price - Amount off the original price
= $42 - $8.4
= $33.6
The original price = $33.6
I'm sorry idk how to do it
Answer:
2
Step-by-step explanation:
The answer I choose in particular is 2