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NNADVOKAT [17]
3 years ago
14

An investment had a nominal return of 9.7 percent last year. The inflation rate was 2.7 percent. What was the real return on the

investment
Business
1 answer:
lana [24]3 years ago
4 0

Answer:

6.816%

Explanation:

The real rate of return is nominal rate of return less inflation rate

(1 + nominal rate ) = (1 + real rate ) x (1 + inflation rate)

= 1.097 = real rate x 1.027 = 1.06816 - 1 = 0.06816 = 6.816%

I hope my answer helps you

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The answer is:

(1) setting the research objectives

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What is a major difference between the world trade organization (wto) and the world bank?
Murrr4er [49]

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Which loan type allows you borrow up to the cost of attendance, minus other aid you have received?.
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A subsidized loan is such a loan where the borrower is allowed to borrow up to the cost of attendance less any other aids received.

<h3>What is a subsidized loan?</h3>

A type of education or student loan where the amount to be borrowed is determined as per the cost of the student's attendance, which is subtracted from other financial benefits received in this regard, is known as a subsidized loan.

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2 years ago
Mr. Brown wants to buy a Tesla Model S car, whose price is $100, 848. The dealer offers a loan plan: $30, 000 downpayment, $X at
algol [13]

Answer:

X is $30,000

Explanation:

First, we need to calculate the Amount ofLoan

Amount of Loan = Car price - Down payment = $100,848 - $30,000 = $70,848

This is the situation of annuity payment for 4 years at a 25% interest rate with equal annuity payment each year.

Now we will use the following formula to calculate the value of X

PV of Annuity = Annuity payment x ( 1 - ( 1 + interest rate )^-numbers of years ) / Interest rate

Where

PV of Annuity = Amount of Loan = $70,848

Interest rate = 25%

Numbers of years = 4 years

Annuity Payment = X = ?

Placing values in the formula

$70,848 = X x ( 1 - ( 1 + 25% )^-4 ) / 25%

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