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ser-zykov [4K]
3 years ago
5

Please help having trouble!!

Mathematics
1 answer:
umka21 [38]3 years ago
7 0

And your answer will be: m=3

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Answer: 0.35%

Step-by-step explanation:

Given the following :

Advertised interest rate = nominal rate = 1.5%

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The real rate of return is calculated by:

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[(1 + (1.5/100)) / (1 + (1.15/100))] - 1

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1.0034602 - 1 = 0.0034602

Real rate of return = (0.0034602 * 100)%

Real rate of return = 0.346%

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3 years ago
Q# 7 please anybody help me
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What is the sum of 5/8+3/10
FrozenT [24]
Change 5/8 and 3/10 so they have the same denominator

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