Answer:
£65
Step-by-step explanation:
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>
Answer:
Step-by-step explanation:
Total Magazines = 3
Woman's Day = 1
Probability = No. of Favorable Outcomes / Total no. of Outcomes
Probability = 
4050 ft is the total square footage of the house.
Answer:
An independent sample.
Step-by-step explanation:
In this scenario, to compare the production techniques used by foreign and local firms in Brazil, a random sample of 80 foreign firms and a random sample of 80 local firms are selected. We can safely conclude that this study uses an independent sample design.
An independent sample design can be defined as a research method that usually involves the use of multiple experimental groups (two or more). The samples or participants are only in one group and as such each group has no relationship with the other. This simply means that, the samples in a particular group is having no relationship with the other samples in another group.
Ultimately this implies, each samples are independent and satisfies only one condition of the independent sample design during the experiment to compare the production technique used by foreign and local firms in Brazil.
<em>Hence, the researcher would use only two variables or conditions: a random sample of 80 foreign firms and a random sample of 80 local firms are selected.</em>
