Answer: After Tax Nominal Rate - 12.6%
After Tax Real Rate - 3.6%
Explanation:
<em>Real Rate of return is defined as the nominal interest rate less inflation. </em>
The After Tax Real Rate therefore caters for tax from the Nominal rate and then deducts Inflation.
The formula is,
= Nominal Rate( 1 - tax rate) - Inflation rate
= 14% ( 1 - 10% ) - 9%
= 14 ( 90% ) - 9
= 3.6%
The <em>Nominal Rate is simply the Real Rate plus Inflation</em>. The After tax real rate has already being found so the After Tax Nominal Rate is,
= 3.6 + 9
= 12.6%
Answer:
False
Explanation:
According to federal regulations each IRB shall have at-least 5 members, further, there shall be at-least one member with scientific expertise and one member with no expertise in science.
Total number shall not fall below 5 members.
Here it states, to have at-least two members are require to fulfill the requirement of membership. Thus, the above statement is false.
In case it is talking about only about the character being scientific expertise or not then it is true.
But total members are 5 and not 2 thus statement is false.
