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
Answer:
it's 96ft squared hope it helps
Your answer is angle JCL.
Angle JCL+Angle LCT = 90°
Answer:
17.4 ft²
Step-by-step explanation:
The formula to find the area of a triangle:
1/2 x b x h, where b is the base and h is the height.
1) Substitute the given values into the formula and solve it.
= 1/2 x 6 x 5.8
= 1/2 x 34.8
= 17.4
Answer:
answer number 4 I believe
