Your interest formula is given to you.
<span>Interest in a year = principal (the amount invested) * rate (the interest rate) * period (the time you're measuring) </span>
<span>Interest = 55,000 * 2% * 1 year = 55,000 * 0.02 * 1 = $1,100 </span>
<span>How much would you need to have made for your spending power to keep with inflation? Your interest rate would have needed to match the inflation rate, otherwise, prices are going up faster than you're saving. </span>
<span>Required interest = 55,000 * 3.24% * 1 year = 55,000 * 0.0324 * 1 = $1,782 </span>
<span>How much buying power did you lose? The difference between your required interest and your actual interest. </span>
<span>Buying power lost = 1,782 - 1,100 = $682. You lost this much in buying power. </span>
X 3/5 =2x+15=2x=15-2x=13
answer 13
Answer:
Step-by-step explanation:
We are given the two functions:
And we want to find:
This is equivalent to:
Substitute:
Distribute:
Rearrange:
Hence:
Answer:
8, 10, 24
(Basically every number above 4)
Answer:
C
Step-by-step explanation:
The pool raises 30 inches every 4 secounds
Therefore the equations to find the answer is 30 divided by 4 which equals 7.5
