Question

You made $3000 on a part-time job last year. If you expect to make the same amount this year, and the inflation rate is three percent, what is your purchasing power? (Points : 1)
$3000
$3090
$2910
$3100

Answer 1

I am pretty sure the way you would solve this would be to multiply 3000 and 0.03. Then that number you would add to 3000, and that would be the final answer.

Answer 2

so you add 0.03. and 3000 and that will give u your answer?

Answer 3

multiply first

Answer 4

you have to figure the rise in cost to add on to the previous years prive

Answer 5

price*

Answer 6

so i multiplyed and got 90 now add that to 3000?

Answer 7

No. You would mutiply 3000 and 0.03: \[3000\times0.03=x\]
Then the answer to that, you add to 3000: \[3000+x=final answer\]

Answer 8

so it would be B right?

Answer 9

Yes :D

Answer 10

ty very much

Answer 11

Your welcome!