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:
Percentage increase in the height is 55%.
Step-by-step explanation:
Since Cindy is growing plants for a science project. During the project Cindy found that one plant grows from 7 cm to 10.85 cm.
We have calculate percent increase in the height of the plant.
We know formula to calculate the percentage is
% Increase in the height = Net increase in the height×100/Initial length of the plant
= 
Therefore % increase in the height of the plant is 55%.
Answer:
3
Step-by-step explanation:
Answer:
0.025
Explanation:
Divide the percentage by 100 to convert it to decmals.
for example 20%=
20
100
=.2
30%=
30
100
=
.3
2.5%=
2.5
100
=
.025
Answer:
Slope is undefined.
Step-by-step explanation:
Slope of 0 is a horizontal line.
Slope of undefined is a vertical line.
Any other slope is something in between.
