And its 6 600 and 202 and add 100 which means it will be 12 THATS your answer
Here is the complete question
A nominal interest rate of 5%
A real interest rate of 5%
A real interest rate of 3%
A nominal interest rate of 3%
Answer:
A real interest rate of 5%
Step-by-step explanation:
A real interest rate of 5% is the best option for oscar. The nominal rate of interest is a type of interest rate that shows the increase in in percentage of money without the depreciation discount that is usually caused by inflation or the payment of tax.
The real rate of interest shows the real increase in the money that has been paid for an investment. This is after inflation has been discounted and all forms of taxes have been paid.
So oscar should invest his $4000 on a savings account whose real interest rate is 5% per year
Answer:
The inductive reasoning is based on A: a limited number of observations
Step-by-step explanation:
Let's say you lived until 90 years old, and took a observation on July 4th each year. Even if you lived until 90 years old, you would only have 90 observations. And inductive reasoning allows for statements to be false, so any of the 90 observations that you took can be proven false. So really, you would have only 90 observations, with any of them that could be false. A limited number of observations would be the only thing that you could base this reasoning off of.
The answer is a. <span>It represents a linear function because there is a constant rate of change. This can be done the opposite way, but lets use minutes as x and hours as y. Every time y increases by 1, x increases by 60. This means there is a constant rate of change of 1 (rise) over 60 (run). A linear equation must have a constant rate of change.</span>
