Answer:
nominal rate of interest is 31.7 %
Step-by-step explanation:
given data
payment = $1000
time = 2 year
rate = 4%
CPI = 100
CPI final yer = 127.7
to find out
nominal rate of interest
solution
we know nominal rate of interest formula that is
nominal rate of interest = real interest rate + inflation rate .........1
so here inflation rate is express as
inflation rate = ( CPI final year - CPI ) / CPI × 100 ...........2
put here value
inflation rate = ( 127.7 - 100 ) / 100 × 100
inflation rate is 27.7 %
so from equation 1
nominal rate of interest = real interest rate + inflation rate
nominal rate of interest = 4% + 27.7%
nominal rate of interest is 31.7 %
Answer:
<h2>
<em>−2.832</em></h2>
I hope this helps you! :)
Answer:
rebates mean to deduct or return an amount from the payment
Answers:
11. 48%
12. 25%
13. 36%
15. 93%
16. 99%
17. 0.16%
18. 160%
19. 85%
Work for 19:
The chart is incorrect because it calculates 40% of 34 instead of 40 percent of x (we got 85% for our answer but I'm using x as the unknown number) results in the number of 34.
Percentage of 40% of what number = 34?
40% of what number = 34 is equivalent to: 40% × ? = 34
--------------------------
40% × ? = 34
? =
34 ÷ 40% =
34 ÷ (40 ÷ 100) =
(100 × 34) ÷ 40 =
3,400 ÷ 40 =
85
Proof:
If 40% × 85 = 34 =>
Divide 34 by 85...
... And see if we get as a result: 40%
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20. 21 students
Step-by-step explanation:
I hope I helped, and I always appreciate brainliest!!! ;)
Assuming that X represents the number of hours worked and f(x) the number of cars washed, the equation would be f(x)=11x+14x.
The 11x represents the number of cars washed by Arianna in x number of hours and the 14x represents the number of cars washed by Matthew in x number of hours. You add the two because they are each washing their own car at their own pace but working on one lot.