Answer:
90 mins i think. Sorry if wrong im not sure
Explanation:
The real return is the difference between the nominal and actual rate of inflation. Therefore, the real return revived by Luigi will be 6%.
<u>Given</u><u> </u><u>the</u><u> </u><u>Parameters</u><u> </u><u>:</u>
- <em>Nominal rate = 7% </em>
- <em>Actual rate of inflation = 1%</em>
<em>Real return = Nominal rate - Actual rate of return </em>
Real Return = 7% - 1% = 6%
Therefore, the real return on Luigi's money would be 6%
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The purpose of the Missouri Compromise was to keep a balance between the number of slave states and the number of free states in the Union. It allowed Missouri to enter as a slave state at the same time Maine entered as a free state, thus maintaining a balance in numbers of free and slave states.
During a research work, an effective and efficient way to follow the scientific method includes:
Make observations.
Ask questions.
Construct a hypothesis.
Test the hypothesis with an investigation.
Analyze the data.
Explain the result.
Communicate the result.
The scientific method is the variety of techniques that scientists use to observe, examine, investigate, and study the natural world and explain it based on evidence, theories, evidence, hypotheses, or factual information that scientists derive from their research work.
It can be defined as the scientific method usually involves combining traditional scientific processes with critical thinking, scientific knowledge, and reasoning to generate new ideas. Please note that if your hypothes is true, it should be shared with the community. However, if your hypothesis is wrong, you should build another hypothesis and repeat the process.
Know more about scientific method here
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