Mathematics, 12.10.2020 14:01 mirandac7747
Johnny's interest rate on his saving account is 3% per year, and inflation is 2.5% per year. After one year, what would the money in his account buy?
less than today because 3% is greater than 2.5%
more than today because interest is earned on the account
more than today because 3% is greater than 2.5%
less than today because the inflation rate is greater than 0
Answers: 2
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Johnny's interest rate on his saving account is 3% per year, and inflation is 2.5% per year. After o...
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