Answer:
The best option for him would be a real interest rate of 5%.
Step-by-step explanation:
The nominal interest rate is the one that represents the percentage of increase of the money that is in a certain investment, without discounting the depreciation due to inflation or the payment of taxes.
On the other hand, the real interest rate is the one that represents the real increase in the money invested, after discounting inflation and any taxes to be paid.
Therefore, the best option for Oscar would be to invest his $ 4,000 in a savings account with a real interest rate of 5% per year.
Answer:
C. is the correct answer
Step-by-step explanation:
A. is incorrect because the sequence does not start with 15
B. is incorrect because the pattern increases by 5, not multiplied by 5
C. is correct because all of the even numbers in the pattern do end in 0
D. is incorrect because even numbers don't end in 5's
Hope this helps!
So we cant go over $250
35+20n=250
now that i put the question in an expression we can take the 35 away from both sides
35+20n=250
-35. -35
_____________
20n=215
now divide 20 by both sides to get (n) alone
20n=215
________
20
n= 10.75
we round down because we cannot exceed the limit, thus
ANSWER: 10 months
Answer:
40-19 = 21
Step-by-step explanation:
I think this is correct dear