It would be powdered..according to my mom lol
The cost when someone borrows money from someone else is known as interest.
<h3>What is interest?</h3>
Interest rate is the cost of borrowing. It is the amount the borrower pays the lender for use of their funds. It is usually a function of the amount borrowed, length of the loan and the interest rate.
For example, if a person borrows $1000 for 1 year at an interest rate of 10, the interest that would be paid is: $1000 x 0.1 = $100.
To learn more about interest rate, please check: brainly.com/question/14935026
That would be the market performance of an investment.
Answer:
Assume that the uncovered interest parity condition holds. Also assume that the U.S. interest rate is greater than the U.K. interest rate. Given this information, we know that investors expect the pound to appreciate.
Explanation:
Considering the assumption that the uncovered interest parity condition holds and also that the interest rate in the U.S is greater than the U.K interest rate.
The above assumptions imply that there will be a depreciation in the dollar and an appreciation in the pound.
Therefore, investors would expect the pound to appreciate.
