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Damm [24]
2 years ago
8

Consider a family who borrows $250,000 to purchase a new home at a fixed interest rate of 8.5%. If inflation increases from 4% t

o 5.5%, how will this impact the real interest rate the family will be paying?
Business
1 answer:
vitfil [10]2 years ago
3 0

The home loan must be repaid at a real interest rate of 3%; (8.5%-5.5%=3%).

<h3>Real interest rate </h3>

A real interest rate is adjusted to remove the effects of inflation and gives the real rate of a bond or loan. A nominal interest rate refers to the interest rate before taking inflation into account.

Learn more about real interest rate here:

brainly.com/question/13324776

#SPJ4

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Answer:

a file a claim

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because of the car accident and the injured people they have to file a claim to pay for the car repair and injuries

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1 1.1 Briefly name and explain the aspects of the marking mix.​
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Answer: Marketing mix could described as methods taken by an organization to boast their brand or improve demand of product in the market.

Explanation:

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The authority that Jerry has which allows him to complete inspections and settle claims is called an Express authority.

<h3>What is express authority?</h3>

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#SPJ12

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