Lydia receives a $2,000 gift and wants to open a savings account. Which bank interest would be the best for her if the current inflation rate is 3.5%?

the best interest rate would be a minimum of 3.5% annual interest

Step-by-step explanation:

An inflation rate of 3.5% would mean that the buying power of Lydia's money would decrease by 3.5% every single year. Therefore, the best interest rate would be a minimum of 3.5% annual interest. That way she would at least maintain the same buying power with her money as the day that she first placed it in the account. Any interest rate higher than 3.5% would be even better as Lydia will begin to make a profit from her savings.

the answer is here: : )

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square root

step-by-step explanation: