Is 1000 a possible credit score?

Answers

Answer 1

It is impossible to have a credit score of 1,000 because credit scoring models do not support it.

Why does this occur?

Experian claims that some credit scoring models can reach as high as 900 or 950, but those are institution-specific ratings that are exclusively utilized in that business.For a $1,000 personal loan, you most likely need a credit score of at least 580. Most lenders who offer personal loans of $1,000 or more must accept applicants with terrible credit or better and sufficient income to cover the monthly payments in order to approve the loan.In general, you need a credit score of at least 620 to qualify for a loan to purchase a house. For a traditional loan, the majority of lenders have that minimum credit score threshold. That being said, it's still

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Related Questions

You have $50,000 in savings for retirement in an investment earning a stated annual rate of 7% compounded monthly. You aspire to have $1,000,000 in savings when you retire. Assuming you add no more to your savings, how many years will it take to reach your goal

Answers

Answer:

To find out how many years it will take to reach your goal of $1,000,000 with your current savings and the stated annual rate of 7% compounded monthly, you can use the formula for compound interest:A = P(1 + r/n)^(nt)Where:A is the future value of the investment (the amount you will have saved at retirement)P is the present value of the investment (the amount you currently have saved)r is the annual interest rate (expressed as a decimal)n is the number of times the interest is compounded per yeart is the number of yearsIf we plug in the values from the problem, we get:1,000,000 = 50,000(1 + 0.07/12)^(12*t)To solve for t, we can take the natural logarithm of both sides:ln(1,000,000) = ln(50,000(1 + 0.07/12)^(12*t))then, divide both sides by ln(1 + 0.07/12) and multiply by 12t = (ln(1,000,000) - ln(50,000)) / (12*ln(1 + 0.07/12))t = approximately 30 yearsSo, it will take around 30 years to reach your goal of $1,000,000 assuming you add no more money and earn the stated annual rate of 7% compounded monthly.

Explanation:

hope this helps

Why is automation bad for the economy?

Answers

Automation has a bad influence on economic development, this is because many jobs have been replaced by machines. So that people lose their jobs and the economy can be hampered.

In this era, Automation generally can be defined as a wide range of technologies that reduce human intervention in processes. The key process of automation is by predetermining decision criteria, related actions, subprocess relationships, as well as embodying those predeterminations in machines. In the other side, automation has a biggest impact through the production process, but in other hand, it is also has a biggest negative impact.

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For Amy, the day began like any other at the Sequential Label and Supply Company (SLS) help desk. Taking calls and helping office workers with computer problems was not glamorous, but she enjoyed the work; it was challenging and paid well enough. Some of her friends in the industry worked at bigger companies, some at cutting-edge tech companies, but they all agreed that jobs in information technology were a good way to pay the bills. What happened

Answers

All of her industry acquaintances felt that working in information technology was a good way to make ends meet. The phone rang, as it did about four times an hour and 28 times a day.

This excerpt is from Book of Five Rings. Amy was unaware that a specially programmed computer at the edge of the SLS network had already made a predetermined choice around four minutes before to Bob's phone call.

The networking, messaging, and information security teams at SLS referred to this computer as the "e-mail gate- way" even though it was more commonly known as postoffice.seqlbl.com.

It decided to prohibit the transmission of a file that was attached to an email addressed to Bob.Hulme,seqlbl.c-om, just like the many thousands of other judgments it made every day. Bob didn't require the executable application that was attached to the email message, according to the gateway.

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The conversion price of a convertible debenture is set at issuance at $5 per share. The common stock is now trading at $3.50 while the bond is trading at par. If the bond rises 20% from its current market value, the new parity price of the common stock will be:

Answers

The new parity price of the common stock would be $5.50. Calculation: bonds currently trading at 110 ($1,100 per bond); each bond is convertible into 200 shares  ($1,000 par / $5 conversion price = 200:1 conversion ratio); common parity price: $1,100 / 200 = $5.50.

What is parity pricing?

A parity price is the price level at which two assets or securities are of equal value. This is a concept used in several markets such as bonds, stocks, commodities and convertibles.

What is the parity price of a bond?

The conversion price is calculated by dividing the present value of the convertible security by the conversion ratio, which is the number of shares with which the convertible security can be converted.

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complete question is:

The conversion price of a convertible debenture is set at issuance at $5 per share. The common stock is now trading at $3.50 while the bond is trading at 110. In order for the common stock to be trading at parity to the current market price of the bond, the stock price would be:

Who controls everything in a command economy?

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In a command economy, all economic decisions are made at the discretion of the central authority. The land and the means of production are either owned by the state or a group.

The government develops a central economic plan in a contemporary, centrally planned command economy. The government might create a five-year plan, for instance, with objectives for the economy and society in each sector and area of the nation. Goals are transformed into actionable objectives in shorter-term strategies.

All resources are distributed by the government in accordance with the overall plan. It seeks to make the best use possible of the nation's financial resources, labor force, and natural resources.

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What are 3 characteristics of a command economy?

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The 3 characteristics of a command economy are Centralized decision-making, State ownership of production, and Limited economic freedom.

What is a command economy?A command economy usually referred to as a planned economy, is a form of capitalism in which all economic decisions are made by the government.In a command economy, the government controls the distribution of resources and owns the market of production.A command economy aims to increase social and economic equality.Prices are not determined by market forces but by the government.A free market economy, where supply and demand are determined by each party, is the principal alternative to a command economy.A free market system exists in capitalist nations, whereas the command economy is a feature of a communist political structure.

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Good evening! Did you eat today? Did you drink water today? Did you get outside for some fresh air or even anytime to chill? Did you make sure you are healthy? If you answer no to any of these questions.. please get some to food, water, fresh air or even time to chill. Please take care of yourself! Bye! :)

Answers

hello i did all of these it was so hard but i did it i’m so happy there are kind people like you who check on people you don’t see people like you often i really really appreciate it <3

Answer:

I ate an egg sandwich. I drank some water. I went outside for a short walk.

Explanation:

Thanks for asking :)

a number that can negative positive and zero is called

Answers

It is called natural number

EXPLAIN THE FOLLOWING SITUATION BASED FROM YOUR OBSERVATION.

A. FAMILY LIFE

B.PEACE AND ORDER

C.ENVIRONMENTAL CONDITION

D.POLITICS

E.ECONOMY

F. HEALTH

G. JOBS AND EMPLOYMENT

Answers

Answer:

Explanation:

A. Family life refers to the relationships and dynamics within a family. It includes factors such as communication, love and support, discipline, and responsibilities within the family.

B. Peace and order refers to the level of stability, security, and safety within a community or society. It is maintained through laws, law enforcement, and social norms.

C. Environmental condition refers to the state of the natural surroundings, including air quality, water quality, and the presence of natural resources. It also includes the impact of human activities on the environment.

D. Politics refers to the systems and processes by which a society is governed, including the formation and exercise of power, decision-making, and the distribution of resources.

E. Economy refers to the production, distribution, and consumption of goods and services within a society. It includes factors such as employment, trade, and the level of wealth within a society.

F. Health refers to the physical and mental well-being of individuals and communities. It includes factors such as access to healthcare, nutrition, and hygiene.

G. Jobs and employment refer to the availability and conditions of work within a society. It includes factors such as the unemployment rate, the types of jobs available, and the wages and benefits offered by employers.

according to the reading, which is the correct order for the steps in the hiring process?

Answers

The specific stages will vary depending on the organisation, but the fundamentals involve posting the job hiring, reviewing applications, screening applicants, conducting interviews, making a final selection, conducting testing, and extending an offer.

Some of these phases may be combined or repeated, depending on the number of roles you are hiring for and the size of your hiring teams. Open the demand, screen the applicants, interview the prospects, choose the best, and make the offer are the five distinct stages of the hiring process that recruiters can help hiring managers offer. The final phase of an interview is equally as crucial as the others.

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What is a type of mediation that refers to the creation of new kinds of intermediaries that simply could not have existed before the advent of ebusiness? Multiple Choice disintermediation cybermediation interactivity reintermediation

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Cybermediation is a type of mediation that refers to the creation of new kinds of intermediaries that simply could not have existed before the advent of ebusiness

According to Cybermediation, an extranet device can be used to restructure organisational relationships between entities and offer proof of the Internet's continual creative destruction of traditional business models. Examples of reintermediation include moving investment funds into secure bank accounts or reintroducing a middleman between a supplier and a customer. This expression, which means the opposite of disintermediation, is frequently used in connection with finance. Reintermediation can mean one of two things: taking money out of circulation Bringing back a middleman

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Assume that the economy can experience four possible states: high growth, normal growth, recession, or depression. For each of those states, you expect the following stock market returns for the coming year: State of the Economy Probability Return High Growth 0. 2 40% Normal Growth 0. 6 14% Recession 0. 15 -1% Depression 0. 05 -3% In dollar terms, what is the value at risk (over a one-year horizon at a 5 percent probability) associated with a $1,000 investment

Answers

There are considered to be four conceivable states for the economy: the strong growth, moderate growth, recession, and depression. So, you anticipate that each of those states will be 300.

If you have set aside some money for investing, you can do so, and if you will not need the money for at least five years, then yes, you can invest. Thus, the long-term investors, of which 2022 had plenty, will now tend to have time in order to claw back losses which is even during the market troughs.

However, Since the worst outcome is considered to be a loss of 30 percent, the value at risk is $300 (= $1,000 × 0.30). So, here the four conceivable states are there for the economy. Among which recession is included.

Hence, during recession employment, economic output, and consumer spending drops.

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When considering a peanut butter and jelly sandwich, economics would refer to jelly as which of the following

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In economics, jelly would be considered an economic good. Economic goods are items that are rare and have a price associated with them. This means that jelly would be an item that people are willing to pay to get access to because it is a desirable item.

Jelly can also be considered a commodity, which is an item produced for consumer needs and traded on the market. The demand for jelly is influenced by its price, availability and quality. For example, if the price of jelly were to increase, it is likely that the demand for it would decrease and vice versa. Peanut butter and jelly sandwiches are an example of how economics can be applied to everyday things.

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If you use your ATM card, you should write the transaction in your check register.

True or false

Answers

True hope I help u out

Answer:

true

Explanation:

Marketing is _____________, important, and profitable. Businesses, individual consumers, and the economy _______benefit from effective marketing. This chapter introduces marketing in a way you may not recognize. Marketing influences all business operations and includes a number of different activities. Marketing is now seen as _________ to the success not only of manufacturers, retailers, and other businesses but also of government agencies, hospitals, law offices, schools, and churches. Where Does Marketing Take Place

Answers

Marketing is organized, important, and profitable. Businesses, individual consumers, and the economy socially benefit from effective marketing.

Marketing is now seen as a step to the success not only of manufacturers, retailers, and other businesses but also of government agencies, hospitals, law offices, schools, and churches. Place describes the store or location where customers find or purchase your product.

Consumers of today can research products and purchase them online, via a smartphone app, in-store, or from a salesperson. Everyday locations, areas where clients are present, and all different types of businesses can all use marketing.

When you come up with an idea for a good or service, marketing begins. You must choose what you are offering, how many choices are available, and the way it will be packed and displayed to customers before introducing a product or a service.

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retailers use __________ to get customers into their stores.

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Retailers use mass media advertising to attract customers to their stores. Mass media advertising is advertising placed in mass media markets to reach a large number of potential consumers.

These ads tend to be expensive due to the sheer volume of impressions they deliver and require great care in designing campaigns for maximum impact.We handle your advertising needs in-house. Companies that don't want to do so can use advertising companies that specialize in mass media marketing. Most mass media also have an advertising department that handles requests from clients interested in placing advertisements.

Mass media advertising is advertising placed in mass media markets to reach a large number of potential consumers. These ads tend to be expensive due to the sheer volume of impressions they deliver and require great care in designing campaigns for maximum impact. We handle your advertising needs in-house.

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Which of the following is NOT a characteristic of a successful incentive pay plan?
a. complex and comprehensive rules
b. simplicity
c. consistency with the organization's existing goals
d. clear and realistic goals
e. regular communication with employees about the incentive plan

Answers

Option (a), A good incentive pay plan DOES NOT include complicated and extensive restrictions.

What qualities make an incentive program effective?

For an incentive program to be effective, it must be both compelling and realistically attainable to keep participants motivated. According to general best practices, the aim should be set at the average success level, with 20% over that serving as a stretch goal having potential for earnings growth.

Systems of incentive payments may include what?

Employees' pay is not always limited to their set salary. The corporation reserves the right to offer various individuals or groups bonuses to improve it. Examples are the seniority bonus, activity bonus, Macron bonus, and bonus for attendance.

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Consider this scenario: You run a house-painting company. Your company currently owns two ladders. How many employees should you hire to paint houses

Answers

The number of employees hired to paint the house is the point at which the value of the marginal product of labor equals the wage rate paid to the employees because output is maximized at point where value of  marginal product equals wages.

What is relationship between marginal product wages and marginal costs?

Marginal cost and marginal product are inversely related. If one increases, the other automatically decreases proportionately and vice versa. The relationship between marginal cost and marginal product can be traced back to a central concept in economics, the law of diminishing returns.

Why is the marginal product of labor equal to wages?

As in any market, the profit maximization level is the point at which marginal cost equals marginal return. In this case, the marginal cost of labor is wages. Therefore, the employer's profit maximization point is the point at which wages equal the marginal income product of labor.

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A decrease in the price of large tractors imported into the United States from Russia Select one: a. leaves the GDP deflator unchanged but decreases the consumer price index. b. decreases the GDP deflator but leaves the consumer price index unchanged. C. decreases both the GDP deflator and the consumer price index d. leaves both the GDP deflator and the consumer price index unchanged.

Answers

a reduction in the cost of heavy tractors imported into the US from Russia Pick one: The GDP deflator and the consumer price index remain constant when (D) is selected.

What is the GDP?

A monetary indicator of the market worth of all the final goods and services produced and sold (not resold) in a certain time period by nations is the gross domestic product (GDP).

This measurement is frequently reviewed before being regarded as a valid indicator due to its subjective and complicated character. To compare living standards between countries, however, using a base of GDP per capita at purchasing power parity may be more informative as nominal GDP does not account for changes in the cost of living and inflation rates of the various countries.

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What is the most important aspect in customer service and why?

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Empathy. No list of good customer service skills is complete without empathy.

What is the aspect of customer service?Providing for the needs of customers and ensuring they have a positive experience are the responsibilities of customer service professionals. Active listening, empathy, problem-solving, and communication are just a few of the traits that make up the skill set of customer service. In numerous jobs at many levels, customer service is used.Knowing and comprehending other people's feelings is called empathy. Basically, it involves putting yourself in the client's position. The most crucial customer service competency, according to many, is empathy.The capacity for empathy is the capacity to comprehend the feelings and viewpoints of another individual.With their needs, wants, and financial resources, consumers expect goods and services with features that maximise their satisfaction and value. The four categories

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________ includes the tasks, activities, and responsibilities required to execute each step in a business process. Multiple Choice Automation Swim lane Streamlining Workflow

Answers

The correct option to the given question about business process is option d) Work Flow.

An organized and repetitive pattern of activity is referred to as a workflow, which is made possible by the methodical division of resources into operations that perform material transformation, service provision, or information processing. It can be represented as a series of processes, the work of an individual or group, the work of a staffing agency, or one or more basic or sophisticated procedures. Workflow may be viewed or interpreted as a view or representation of actual work from a more abstract or higher-level perspective. The document, service, or product being transferred from one phase to another may be the subject of the flow being discussed. Workflows can be thought of as a basic building block that can be integrated with other organizational structure elements like information technology, teams, projects, and hierarchies.

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Which process is used to develop risk profiles for a firm's information system projects and assets?
a. Information systems plan
b. Scoring model
c. Feasibility study
d. Systems analysis
e. Portfolio analysis

Answers

Requirements analysis creates a thorough description of the functions that the new system must carry out in addition to clearly defining the goals of the new or changed system.

Which four steps are involved in creating an information system?

The construction of an information system goes through six key phases: system survey, needs analysis, design, implementation, testing, change, and maintenance.

What are the five steps in the process for describing an information system?

These five components integrate to execute input, process, output, feedback, and control. Data instructions are sent into the systems at the input stage, when software programs then process the data.

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Which of the following statements about cultural differences in the workplace is most accurate? Select one:
A. Managers must be very aware of cultural differences and recognize that different employees may respond best to different management and motivational styles.
B. The best way to deal with cultural differences in the workplace is to treat everyone the same way.
C. Cultural differences were once a major problem, but television, telecommunications, e-mail, and the Internet have brought people closer together and greatly reduced cultural differences.
D. Only firms that hire a lot of foreign-born workers are likely to have problems dealing with cultural differences. Workers born in Canada tend to have a common set of values and attitudes, regardless of age or social background.

Answers

cultural differences in the workplace is most accurate A. Managers must be very aware of cultural differences and recognize that different employees may respond best to different management and motivational styles.

The process of mixing various inputs, both real and intangible (such plans or knowledge), is known as production (such as metal, wood, glass, or polymers). In a perfect world,workplace this output would be a high-quality or worthwhile good or service. [1] Production theory is the branch of economics that focuses on production; it is closely related to consumption theory, sometimes known as consumer theory. The manufacturing process and product are the results of the efficient use of the original inputs (or factors of production). Primary producers of products and services are the three fundamental production factors—land, labor, and capital.

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Which of these actions would most likely decrease a person’s net worth for at least the next 6 months?

Answers

Decreasing net worth, on the other hand, is cause for concern as it might signal a decrease in assets relative to liabilities.

What decreases your net worth?

When net liabilities exceed net assets, the condition is known as having a negative net worth. Deficit net worth, also known as negative net worth, can happen for a number of reasons, but it often happens when the value of present or future assets declines suddenly.

On the other side, declining net worth is a cause for concern as it can indicate a decline in assets compared to liabilities. The greatest approach to raise net worth is to either increase assets while obligations either remain constant or decline, or decrease liabilities while assets either remain constant or rise.

A current glimpse of your financial status can be found in your net worth. You may see the total of all you've made and spent if you compute your net worth today.

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Why is change management important in the workplace?

Answers

Change management is important in the workplace because it helps create an environment where employees feel comfortable and supported during times of transition.

What is Change management?

Change management is the process of managing, controlling and implementing changes to an organization's systems, processes and people to ensure successful outcomes and minimal disruption. It is an organized approach to transitioning individuals, teams and organizations from a current state to a desired future state. Change management is about understanding the impact of change, influencing stakeholders and managing the transition process.

It also helps to ensure that any changes that are being implemented are done effectively and efficiently. Change management helps to minimize resistance to change, increase employee engagement and commitment to the new initiatives, and create a positive environment for growth and development. Finally, it helps to ensure the success of the organization in both the short and long term.

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Discuss ways that oracle could provide client customers with the ability to form better relationships with customers

Answers

Oracle market themselves by providing quality service. Customers depend on oracle forcomplete, modern, and industry applications. Oracle engaged their business customers bybuilding profitable relationship by creating superior customer values.

What is Oracle?Oracle is a relational database management system offered by the Oracle Corporation. RDBMS are capable of handling any data model. Standard Edition, Enterprise Edition, Express Edition, and Personal Edition are just a few of the various product editions available. Oracle products have high performance capabilities and are scalable and secure. The Austin, Texas-based Oracle Corporation is a multinational American company that specializes in computer technology. According to revenue and market capitalization, Oracle was the third-largest software company in the world in 2020. Oracle is a flexible database management system that is utilized by numerous industries. Regardless of how big or small your business is, Oracle can assist you in managing your data, preventing security flaws, and facilitating easy access to applications.

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Which of the following accounts will have an ending balance after the closing process is completed? A) Owner's Name, Withdrawals B) Rent Expense

Answers

Answer: The correct answer is B (Rent Expense)

Explanation:

At the end of every financial year, closing entries are passed for all expenses and income account. Other accounts including account of assets and liabilities are to be carried over to the next year. Hence they will not have an ending balance.

Rent expense is an interest account where income or expense will not contain any balance as all the nominal account are transferred to the trading and manufacturing account by passing the closing entries.

What are the costs and benefits of growing organic vegetables?

Answers

The cost of growing organic vegetables can vary widely depending on individual gardening methods. In general, organic vegetable gardens require more manual labor and time than conventional gardens.

However, there are many potential benefits of growing organic vegetables. Organic vegetables grown in nutrient-rich soil often have higher vitamin and mineral content than conventionally grown vegetables and are free of harmful chemicals. In addition, the biodiversity of an organic garden can create a healthy environment for beneficial insects, birds and other wildlife. Growing organic vegetables is also environmentally friendly as it helps reduce chemical runoff into waterways, soil erosion and air pollution. The cost-benefit analysis of growing organic vegetables ultimately depends on the circumstances of the individual.

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The collective action problem where multiple firms chase elusive advantage in exploiting employees, degrading the environment, and pressuring developing countries to weaken regulation and lower tax rates is often called _______.

Answers

The collective action problem where multiple firms chase elusive advantage in exploiting employees, degrading the environment, and pressuring developing countries to weaken regulation and lower tax rates is often called Define race to the bottom.

Taking joint action with the intention of improving one's situation or achieving a common goal is referred to as collective action. Many branches of the social sciences, including psychology, sociology, anthropology, political science, and economics, have ideas and formulations for this concept. A collective action issue, also known as a social dilemma, is a scenario where everyone would benefit from cooperation but is prevented from doing so by competing interests. Although the collective action dilemma has been discussed in political philosophy for millennia, Mancur Olson's 1965 book The Logic of Collective Action provided the most comprehensive analysis of the issue.

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You have $55,000 in a savings account that pays 2% interest per year. The inflation rate that year is 3.24%. To calculate simple interest: Principal x Rate x Time

Answers

The answers for the given questions are:

1). Interest amount made is $1100

2). Inflation rate is $1782

3). The real interest earned is $682

How to calculate these questions?

1). Interest amount made

interest rate*principal*time

Interest rate = 2%

Interest made = 2%(55,000)*1 = 1100

So, Answer is $1100

2). You must earn the interest that would be paid if the rate of interest were the same as the inflation rate in order for the purchasing power to

maintain pace with inflation.

Inflation rate = 3.24 % per year

So, the interest amount needed =

3.24%(55,000) = 1782

Therefore, in order to keep up with inflation that year, you needed to earn $1782.

$1782 in interest is required to keep up with inflation-driven price increases.

3). The real interest earned is $1100.

So, the loss of buying power due to inflation =

$1782 -$1100 = $682.

So, the answer is $682.

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The full question is,

You have $55,000 in a savings account that pays 2% interest per year.

• The inflation rate that year is 3.24%.

• To calculate simple interest: Principal X Rate x Time = Interest

• How much do you make in interest in a year? How much would you need to have made for your spending power to keep up with inflation in that year? • How much buying power did you lose in that year because of inflation? Submit

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