Answer:
The best option for him would be a real interest rate of 5%.
Step-by-step explanation:
The nominal interest rate is the one that represents the percentage of increase of the money that is in a certain investment, without discounting the depreciation due to inflation or the payment of taxes.
On the other hand, the real interest rate is the one that represents the real increase in the money invested, after discounting inflation and any taxes to be paid.
Therefore, the best option for Oscar would be to invest his $ 4,000 in a savings account with a real interest rate of 5% per year.
Answer:
Step-by-step explanation:
Answer:
x-2
Step-by-step explanation:
Answer:
The only point (0,0) lies inside the shaded region and hence it gives a solution for the set of inequalities.
Step-by-step explanation:
See the graph attached to this question.
The solution of the set of inequalities is given by the shaded region on the graph.
Now, the point (0,5) is outside this shaded region, hence it can not be the solution.
The point (3,0) also is outside this shaded region, hence it can not be the solution.
The point (-3,0) also is outside this shaded region, hence it can not be the solution.
Now, the only point (0,0) lies inside the shaded region and hence it gives a solution for the set of inequalities. (Answer)
Answer:
5/3 or 1.67
Step-by-step explanation:
Find the slope of the original line
3x+5y=4 Subtract 3x from both sides
5y = - 3x + 4 Divide both sides by 5
y = (-3/5)x + 4
The original line has a slope of - 3/5 or - 0.6
Find the slope of the perpendicular line
m1 * m2 = - 1
m1 = - 3/5
m2 = -1/(-3/5)
m2 = 5/3
The slope of the perpendicular line is
5/3 or 1.67