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Phoenix [80]
3 years ago
15

Nancy had an income of $26,500 this year. If the inflation rate was 11 percent, what was her purchasing power?

Mathematics
1 answer:
sweet-ann [11.9K]3 years ago
5 0
.89($26,500)=$23,585. we are using .89 because that is what 1-.11 equals.
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<h3>Trigonometric Ratio</h3>

To solve this problem, we need to use trigonometric ratio SOHCAHTOA.

In this case, we have the value of opposite and angle and we need to find the adjacent to the angle. The tangent of the angle would be perfect for this.

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Learn more on trigonometric ratio here;

brainly.com/question/4326804

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