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Answer:
the rate of inflation is 2%.
Step-by-step explanation:
given:
Nominal interest rate =3%
Real interest rate=1%
To Find:
Rate of inflation=?
Solution:
Nominal interest rate:
Nominal interest rate refers to the interest rate before taking inflation into account.
Inflation rate:
The inflation rate is the percent increase or decrease in prices during a specified period. It's usually over a month or a year.
Real interest rate:
A real interest rate is an interest rate that has been adjusted to remove the effects of inflation to reflect the real cost of funds to the borrower and the real yield to the lender or to an investor.
Real interest rate ≈ nominal interest rate − inflation rate.
This can be re written as
inflation rate= Real interest rate - nominal interest rate
Substituting the values,
inflation interest = 1+3
inflation interest=4%
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Answer:
we are given the function –2x – 4 + 5x = 8 and is asked in the problem to solve for the variable x in the function. In this case, we can first group the like terms and put them in their corresponding sides:
-2x + 5x =8+4
Then, do the necessary operations.
3x = 12
x = 4.
The variable x has a value of 4.
Step-by-step explanation:
Step-by-step explanation:
???
what is the problem ? you don't know how to add, subtract or multiply yet ?
sum of 57 and 16 : 57 + 16 = 73
difference of 61 and 31 : 61 - 31 = 30
the product of the sum and the difference :
73 × 30 = 2190
26 students are invited to the study group
