Your interest formula is given to you.
Interest in a year = principal (the amount invested) * rate (the interest rate) * period (the time you're measuring)
Interest = 55,000 * 2% * 1 year = 55,000 * 0.02 * 1 = $1,100
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.
Required interest = 55,000 * 3.24% * 1 year = 55,000 * 0.0324 * 1 = $1,782
How much buying power did you lose? The difference between your required interest and your actual interest.
Buying power lost = 1,782 - 1,100 = $682. You lost this much in buying power.
Hope that helped :)
the answer should be letter A
the difference of 3.4 and 1.25 = 2.15
Now you know that there will be 2 whole blocks and .15 of a block
.15 is equal to 3/20 which is equal to 15/100.
So you will have 2 whole blocks and 15/100 of a blocks. So the answer is A
Here is a graph of <span>6x + 5y < 30</span>
Answer:
a
Yes
b
c
d
Step-by-step explanation:
From the question we are told that
Two fair dice, one green and one red were rolled
Generally the outcomes on the dice independent because the outcome on the first dice is not affected by the second die
Generally the probability of getting a 1 on a dice rolled is
the probability of getting a 5 on a dice rolled is
Generally the probability of P(1 on green die and 5 on red die) is mathematically represented as
Generally the probability of P(5 on green die and 1 on red die) is mathematically represented as
Generally the probability of P((1 on green die and 5 on red die) or (5 on green die and 1 on red die)) is mathematically represented as
Answer:
7.4*10^-5, 7300000
Step-by-step explanation:
1 There are 4 zeros in 1
round up .0000742 to .000074
There are 5 places between 7 and the last zero, negative because it is a decimal.
2 7.3*10^6= 73 is first, 6 places after 7 so 5 zeros (6 is in a place)