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3 years ago

Why would your savings account “lose value” if the rate of return you receive is lower than the rate of inflation?

Mathematics

1 answer:

DerKrebs [107]3 years ago

3 0

Answer:

Inflation is the continuing reduction of the purchasing power or price level rise in a given time period.

Therefore, keeping money in a savings account that gives an interest rate that is lower than the inflation rate, in a period of high inflation will result in a reduction of the purchasing power of the amount of money plus interest in the savings account.

If the interest rate is 10%, the amount, A, in the account after a given time will be 1.1A

If the inflation rate is 15%, the value of the goods sold initially at A, will become 1.15A after the given period and the amount in the account will no longer be able to purchase the goods it was initially able to purchase, or the amount in the savings account will lose value

Step-by-step explanation:

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Step-by-step explanation:

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27 1/5 over 4/5 as a unit rate

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Answer:

$\frac{34}{1}$ or $34$

Step-by-step explanation:

we know that

To find the unit rate divide 27 1/5 by 4/5

but first

Convert mixed number to an improper fraction

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What partial products are shown by the model below

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The area of the base of the oblique pentagonal pyramid is 50 cm^2 and the distance from the apex to the center of the pentagon i

Verdich [7]

The complete question in the attached figure

Part a)
we know that
ABC is a right triangle
∠ACB=45°
AC=hypotenuse------> 6√2 cm
sin 45=AB/AC-----> AB=AC*sin 45----> AB=6√2*√2/2----> AB=6 cm

the answer part a) is
AB=6 cm

Part b)
we know that
volume of the pyramid=(1/3)*Area of the base*height
area of the base=50 cm²
height=6 cm
so
volume of the pyramid=(1/3)*50*6----> 100 cm³

the answer part b) is
100 cm³

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