Answer:
x = 24, if thats wat ur asking.
I'll put my answer is the comments when I know what I'm looking for. I just need the power.
Answer:
34/15
Step-by-step explanation:
I recognized the form of this decimal as a number divided by 3. However, when I multiplied it by 3, I got 6.8. This means that the fraction was not fully simplified. Multiplying by 5, I got 34. Since I had to multiply by 3 and then by 5 to get there, I multiplied by a total of 15. Hope this helps!
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
You can set up an system of equations
x=2y+8
x-y=25
Substitute x in to the second equation
2y+8-y=25
y+8=25
y=17
Substitute the y back in to the first equation.
x=2(17)+8=42
