Here is the complete question
A nominal interest rate of 5%
A real interest rate of 5%
A real interest rate of 3%
A nominal interest rate of 3%
Answer:
A real interest rate of 5%
Step-by-step explanation:
A real interest rate of 5% is the best option for oscar. The nominal rate of interest is a type of interest rate that shows the increase in in percentage of money without the depreciation discount that is usually caused by inflation or the payment of tax.
The real rate of interest shows the real increase in the money that has been paid for an investment. This is after inflation has been discounted and all forms of taxes have been paid.
So oscar should invest his $4000 on a savings account whose real interest rate is 5% per year
To the nearest foot, it would be 23 feet. I found this using the Pythagorean Theorem of a (squared) + b (squared) = c (squared). If you have 24 as the hypotenuse, you have to square this and subtract 64 (8*8) from it. That will equal 512. So you have to find the square root of that which is 22.62, which will round to 23 feet.
Answer:
They should sell 20 band posters.
Step-by-step explanation:
24 is 1/5 of 120 so we must find what 1/5 of 100 is.
it is 20.
Answer:
Step-by-step explanation:
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