Answer:
Nominal Interest rate=11.9%
Step-by-step explanations:
The Fisher effect is a theory propounded by an economist named Irving Fisher.
Fisher's equation shows the relationship between real Interest rate, expected inflation rate and nominal Interest rate.
It can be calculated by subtracting the expected inflation rate from the nominal Interest rate to give the real Interest rate.
Real Interest rate= nominal Interest rate - expected inflation rate
Given,
Real Interest rate= 4.4%=0.044
Expected inflation rate=7.5%=0.075
Nominal Interest rate=?
Therefore,
Real Interest rate=nominal Interest rate - expected inflation rate
Nominal Interest rate=Real Interest rate+expected inflation rate
Nominal Interest rate=0.044+0.075
Nominal Interest rate=0.119
Nominal Interest rate=11.9%
Answer:
0.06
Step-by-step explanation:
3/47
Answer:
The written form would be "Nine more than three times a number is greater than -18.
Step-by-step explanation:
To graph it, you must first solve for x.
3x + 9 > -18
3x > -27
x > -9
Now we can graph this by putting an open dot at -9 and then drawing an arrow to the right.
Answer:
184
Step-by-step explanation:
17.70 / 170 = .104 per text
19.10 / .104 = 183.65 round up to 184
