Mathematics, 18.09.2019 22:00, dnjames01

You have $64,000 in a savings account that pays 2% annual interest and the
inflation rate is 3.24%. how much buying power in dollars will you lose in one year
because of inflation?
a $793.60
b. $1,280.00

Answers: 3

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You have $64,000 in a savings account that pays 2% annual interest and the inflation rate is 3.24%. how much buying power in dollars will you lose in one year because of inflation? a $793.60 b. $1,280.00

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You have $64,000 in a savings account that pays 2% annual interest and the
inflation rate is 3.24%. how much buying power in dollars will you lose in one year
because of inflation?
a $793.60
b. $1,280.00