Well, think of a fraction. The numerator is telling what how many you have and the denominator is the total amount available. A fraction can be written as a/b, or whatever how much value a you have out of the total amount you can have. So if you have 3 apples out of the available 3 apples, you have 100% of the apples. So the attritibutes are a/b when a and b are the same value, and when dividing fractions, when you divide by the reciprocal.
Answer:
24,27,30 and 33 and so on
Step-by-step explanation:
Answer:
the rate of inflation is 2%.
Step-by-step explanation:
given:
Nominal interest rate =3%
Real interest rate=1%
To Find:
Rate of inflation=?
Solution:
Nominal interest rate:
Nominal interest rate refers to the interest rate before taking inflation into account.
Inflation rate:
The inflation rate is the percent increase or decrease in prices during a specified period. It's usually over a month or a year.
Real interest rate:
A real interest rate is an interest rate that has been adjusted to remove the effects of inflation to reflect the real cost of funds to the borrower and the real yield to the lender or to an investor.
Real interest rate ≈ nominal interest rate − inflation rate.
This can be re written as
inflation rate= Real interest rate - nominal interest rate
Substituting the values,
inflation interest = 1+3
inflation interest=4%
i hope this helpsss<3
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