Answer:
Real interest rate = -1%
Step-by-step explanation:
Real interest rate=Nominal interest rate - inflation rate
From the above,
Nominal interest rate=1%
Inflation rate=2%
Real interest rate=Nominal interest rate - inflation rate
=1% - 2%
= -1%
Real interest rate = -1%
Real interest rate shows you what it really costs borrowers to pay back their loans.
if the real interest rate is greater than zero, the amount you pay back is worth more in real terms than the money you borrowed.
if the real interest rate is below zero as in the above case, the amount you will pay back is less worth in real terms than the money you borrowed.
Answer:
People are more likely to avoid approaching difficult situations as they fear failure or looking bad to others if they get it wrong. They lack the point of view of being looked upon as brave for attempting something that others avoid.
Half dozen = 6
6 × 93 = 558
Your answer is 558
Answer:
the answer is square root 5 over 2 square root 2
Step-by-step explanation:
The function f(x) shows how much Kate pays for the data service for downloading x songs in a month. So f(14) will represent the amount that Kate will have to pay for downloading 14 songs in a month.
f(x) = 2.50x + 11.50
Replacing x by 14, we get:
f(14) = 2.50(14) + 11.50 = 46.5
Thus, Kate will have to pay $ 46.5 for downloading 14 songs in a month
