Mathematics, 15.05.2021 19:20 daydallas01

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?

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You have $64,000 in a savings account that pays 2% annual interest and the inflation rate is 3.24%....

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More questions: Mathematics Another questions

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?

Answers

Another question on Mathematics

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?