Considering that nominal interest rate is 8% and the inflation rate is 3%, then, real interest rate will equals 3%.
Given Information
Nominal interest rate = 8%
Inflation rate = 3 percent
Real interest rate = Nominal interest rate - Inflation rate
Real interest rate = 8% - 3%
Real interest rate = 5%.
Hence, considering that nominal interest rate is 8% and the inflation rate is 3%, then, real interest rate will equals 3%.
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The answer to this question is c <span>The banks must have weighed the cost of installing bandit barriers against the benefits and
decided that they have “no interest in ever putting in the barriers.”
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The average days for Vito, Inc to sell inventory must be 73 days.
<h3>What is inventory turnover ratio?</h3>
Inventory turnover is the rate that inventory stock is sold, or used, and replaced. It shows many times a company has sold and replaced inventory during a given period.
Given the above information,
Average days to sell inventory = 365 days / Inventory turnover ratio
Average days to sell inventory = 365 / 5
Average days to sell inventory = 73 days
Hence, the average days for Vito, Inc to sell inventory must be 73 days.
Learn more about inventory turnover ratio here : brainly.com/question/25266694
