Answer:
Nominal Interest rate=11.9%
Step-by-step explanations:
The Fisher effect is a theory propounded by an economist named Irving Fisher.
Fisher's equation shows the relationship between real Interest rate, expected inflation rate and nominal Interest rate.
It can be calculated by subtracting the expected inflation rate from the nominal Interest rate to give the real Interest rate.
Real Interest rate= nominal Interest rate - expected inflation rate
Given,
Real Interest rate= 4.4%=0.044
Expected inflation rate=7.5%=0.075
Nominal Interest rate=?
Therefore,
Real Interest rate=nominal Interest rate - expected inflation rate
Nominal Interest rate=Real Interest rate+expected inflation rate
Nominal Interest rate=0.044+0.075
Nominal Interest rate=0.119
Nominal Interest rate=11.9%
Answer:
2x+20 + x+40 = 180
Step-by-step explanation:
The angles are supplementary so they add to 180
2x+20 + x+40 = 180
Answer:
400 seconds
Step-by-step explanation:
150/20=7.5 meters per second
3000/7.5=400 seconds
Answer:
True
Step-by-step explanation:
anything over 9 that is not 9 is a repeating decimal