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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) 101* (x+12) <br> B)63* (7x-14) <br> C)(2x+3) (x+41)* <br> Please help :)
IceJOKER [234]

Answer:

A. x+12 = 101

      -12     -12

x=89

B. 7x-14 = 63

       +14   +14

7x=77

/7   /7

x=11

C. 2x+3 = x+ 41

    -x  -3   -x  -3

x=38

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4 0
2 years ago
Convert the following measurements into
Andre45 [30]

Answer:

1) 1076.4ft^2

2). 6561.68ft

3). 2.057kg

4). 1.25×10^-1

5). 6.58×10^1km

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6 0
2 years ago
Work out the gradient of the line joining the points (2, 3) and (5,7)
Debora [2.8K]

Answer:

The gradient of the line joining the points P(x,y) = (2,3) and Q(x,y) = (5,7) is \frac{4}{3}.

Step-by-step explanation:

The gradient of the line joining two distinct point on a plane is represented by the slope of a secant line (m_{PQ}), that is:

m_{PQ} = \frac{y_{Q}-y_{P}}{x_{Q}-x_{P}} (1)

If we know that P(x,y) = (2,3) and Q(x,y) = (5,7), then the gradient of the line is:

m_{PQ} = \frac{7-3}{5-2}

m_{PQ} = \frac{4}{3}

The gradient of the line joining the points P(x,y) = (2,3) and Q(x,y) = (5,7) is \frac{4}{3}.

4 0
3 years ago
The following equation represents how many door stops Jackson has encountered. <br><br> y=3x+62
tino4ka555 [31]
The slop is 3 I hope that helped?
5 0
2 years ago
Pls help WILL PICK BRAINLIEST!
Romashka-Z-Leto [24]

Answer:

D. (-14)+(-8)

Step-by-step explanation

Adding to negatives is the same as subtracting 2 positives

-14- 8= 22

-14+(-8)= 22

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2 years ago
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