1/10 * 0.08 = 0.08 * 0.1 = 0.008
Answer:
Interest earned= $200
Step-by-step explanation:
Giving the following information:
Initial investment= $20,000
Interest rate= 3%
Inflation rate= 2%
First, we need to calculate the real interest rate. <u>The inflation rate decreases the value of money through time. We need to deduct from the interest rate, the inflation rate.</u>
Real interest rate= 0.03 - 0.02= 0.01
<u>Now, we can calculate the interest earned in year 1:</u>
Interest earned= PV*(1+i)^n - PV
Interest earned= 20,000*(1.01^1) - 20,000
Interest earned= $200
Answer:
meeee plzzzzzzz even thow i have no idea whta that ios
Step-by-step explanation:
Third option. The letter has neither rotate or symmetry
To simplify you would:
3x+1+2x-6=135
3x+2x=5x
1+-6= -5
5x-5=135
Then add 5 to both sides, so on (5x-5) the negative 5 would cancle out.
5x=140
Then divide 5 on both sides.
Then your answer will be 28.
