We solve the question as follows:
Simple interest=Principle×Rate×Time
Thus given:
p=$55000, R=2.5%, time= 1 year
thus
Interest=55000×0.025×1=$1375
To evaluate the amount required to keep up with the inflation, your interest rate should match the inflation rate otherwise prices are going up faster than the savings.
Required interest rate=55000×0.034×1=$1870
The buying power lost will be the difference between your required interest and actual interest.
Thus:
Buying power lost=1870-1375=$495
I think the answer is the third one, but idk.
Answer:
(- 2, 4 )
Step-by-step explanation:
A translation of 5 units left means subtract 5 from the original x- coordinate.
A translation of 6 units up means add 6 to the original y- coordinate.
Thus
(3, - 2 ) → (3- 5, - 2 + 6 ) → (- 2, 4 )
Answer:
C
Step-by-step explanation: looks right
dont trust it though
y = 23/(3 + x)
Step-by-step explanation:
