Ask a New Question
Search
A saver has $2500 on deposit in an acct. earning 5% interest. During this yr., the inflation rate was 6%. After one yr. what is the buying power of the amount of savings for that person?
Ask a New Question
or
answer this question
.
Similar Questions
Ok so i honestly have no idea what this is so if you could help me out it would be great!!
Matthew will deposit $500 into an
0 answers
a SAVER HAS A $1000 ON DEPOSIT IN AN ACCOUNT EARNING 3 PERCENT INTEREST. dURING THIS YEAR THE INFLATION RATE WAS 5 PERCENT.
1 answer
Suppose you put money into two different bank accounts. In Account #1 you deposit $500 and you will be earning 6% interest
1 answer
Suppose you put money into two different bank accounts. In Account #1 you deposit $500 and you will be earning 6% interest
1 answer
more similar questions