4 years ago

Cost of attendance is the amount of money it cost to complete

SAT

1 answer:

andrezito [222]4 years ago

5 0

one year as a full-time student........ hope this helps you

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luigi is willing to lend klaus $5,000 for one year at a nominal rate of interest of 7 percent. both luigi and klause expect the

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The real return is the difference between the nominal and actual rate of inflation. Therefore, the real return revived by Luigi will be 6%.

Given the Parameters :

Nominal rate = 7%

Actual rate of inflation = 1%

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Real Return = 7% - 1% = 6%

Therefore, the real return on Luigi's money would be 6%

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