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:
A parallelogram can have 2 pairs of parallel sides.
Step-by-step explanation:
Think of a rectangle for a parallelogram. It has 2 pairs of parallel sides which makes it a parallelogram. The same for a square as well as it has 2 parallel pairs. Just remember that a parallelogram always has 2 pairs of parallel sides.
Answer:
x ≥ - 8
Step-by-step explanation:
Given
≥ - 4
Multiply both sides by 2 to eliminate the fraction
x ≥ - 8
For the lines to be parallel the two angles need to be equal to each other:
128-x = x
Add 1x to both sides
128 = 2x
Divide both sides by 2:
X = 128/2
X = 64
Answer: x = 64
Answer:The new cost per person= $19 when there are 12 people
Step-by-step explanation:
Step 1
Let Number of people be rep as N
And Cost per person = C
such that the relationship of number of people which varies inversely with the cost per person is given as
N∝ 1/C
Introducing constant of proportionality, k, we have that
N= K/C
such that when there were 4 people the cost per person was $57, K would be
N= K/C
4 = K /57
k= 57 X 4
k=228
Step 2
Therefore If the number of people changed to 12, cost per person would be
N= K/C
12= 228 / C
C= 228/12
C= 19
The new cost per person= $19 when there are 12 people
