Answer:
nominal rate of interest is 31.7 %
Step-by-step explanation:
given data
payment = $1000
time = 2 year
rate = 4%
CPI = 100
CPI final yer = 127.7
to find out
nominal rate of interest
solution
we know nominal rate of interest formula that is
nominal rate of interest = real interest rate + inflation rate .........1
so here inflation rate is express as
inflation rate = ( CPI final year - CPI ) / CPI × 100 ...........2
put here value
inflation rate = ( 127.7 - 100 ) / 100 × 100
inflation rate is 27.7 %
so from equation 1
nominal rate of interest = real interest rate + inflation rate
nominal rate of interest = 4% + 27.7%
nominal rate of interest is 31.7 %
Hello!
The equation can be written as seen below. You only need a y-intercept and slope to write the equation.
y=-2x+3 (it intercepts at a y-value of 3).
I hope this helps!
<h3>Option C is correct</h3>
<h3>Let us see the verification;</h3>

<h2>Hence, Proved ✔︎</h2>
Point A=-1.3
Point B= 1.3
These 2 points are reciprocals, which means that their sum is Zero. So basically they are exact opposites.