Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
sinerus sinerus
wrote...
Go to Answer
Posts: 892
Rep: 0 0
6 years ago
Suppose your bank pays you 5% interest per year on your savings account. If prices increase by 5% per year over that time, approximately how much real value do you gain by keeping $100 in the bank for a year?
A) $0
B) $1
C) $3
D) $6
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
Read 101 times
1 Reply
Replies
Answer verified by a subject expert
tristiontristion
wrote...
#1
Top Poster
Posts: 717
Rep: 6 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

sinerus Author
wrote...

6 years ago
Thanks
Morgan-C
wrote...

Yesterday
Correct Slight Smile TY
foxrcng11
wrote...

2 hours ago
This site is awesome
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1303 People Browsing
 113 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 606
  
 144
  
 91
Your Opinion
Previous poll results: What's your favorite math subject?