Answer:
nominal rate of interest is 31.7 %
Step-by-step explanation:
given data
payment = $1000
time = 2 year
rate = 4%
CPI = 100
CPI final yer = 127.7
to find out
nominal rate of interest
solution
we know nominal rate of interest formula that is
nominal rate of interest = real interest rate + inflation rate .........1
so here inflation rate is express as
inflation rate = ( CPI final year - CPI ) / CPI × 100 ...........2
put here value
inflation rate = ( 127.7 - 100 ) / 100 × 100
inflation rate is 27.7 %
so from equation 1
nominal rate of interest = real interest rate + inflation rate
nominal rate of interest = 4% + 27.7%
nominal rate of interest is 31.7 %
The answer is 1/2 I think or 1
Answer:
a. 24.5 $
b. 10.5 $
c. 7/10
Step-by-step explanation:
Given the original price of the sweater is: $ 35.
a) If you pay only
of the price, then the actual amount paid is:
= 24.5 $.
b) Total amount Saved = Actual price - Price you paid
Total Amount Saved = 
= 10.5 $.
c) Fraction of the original price saved = Total amount Spent/Actual Price
Total amount Saved = 
= 
C. The sun of the areas of its exterior surfaces is the correct answer.