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Nastasia [14]
3 years ago
5

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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A farmer has a field in the shape of a semicircle of diameter 50 m. First,
dexar [7]

Answer:

157.1 m

Step-by-step explanation:

Here, we want to calculate the length of the semi-circle

This simply refers to the circumference of the semi-circle

Mathematically, the circumference is half that of a full circle

The circumference of a full circle is;

C = pi * d

For half circle or semi-circle;

It is ;

C = (pi * d)/2

D = 50 m

The circumference is thus;

C = 50 * 3.142

C = 157.1 m

5 0
3 years ago
Sam owes the bank a little less then $40 what could be his balance
bija089 [108]
D 39.25 which isn't far from 40

8 0
3 years ago
PLEASE ANSWER QUICKLY
Luba_88 [7]
29-11=18
18²+18²=p²
324+324=p²
p²=648
p=18√2
That's your answer.
6 0
3 years ago
Read 2 more answers
there are 20 children at a library 6 of the children have an average age of five years the remaining children have an average ag
Gelneren [198K]
20 total

6 have average of 5 years
6 x 5 = 30

20-6 = 14

14 have average of 8 years

14 x 8 = 112

112 + 30 = 142

142 / 20 = 7.1 years

8 0
3 years ago
Read 2 more answers
Roy is twice as old as Joan, and in 3 years the sum of their ages will be 21 years. Find their present ages.
Lisa [10]

Answer:

Roy is 10 years old at present and Joan is 5 years old at present

Step-by-step explanation:

Let

x----> Roy's age

y----> Joan's age

we know that

x=2y ----> equation A

(x+3)+(y+3)=21 ----> equation B

substitute equation A in equation B

(2y+3)+(y+3)=21

solve for y

3y+6=21

3y=21-6

3y=15

y=5 years

Find the value of x

x=2y  ----> x=2(5)=10 years

therefore

Roy is 10 years old at present

Joan is 5 years old at present

8 0
3 years ago
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