Answer:
8.09%
Explanation:
Year Inflation rate 1 + Inflation rate
1 0.03 1.03
2 0.04 1.04
3 x 1+x
Average rate 0.05 0.05
1 + Average rate = [(1+r1)*(1+r2)*(1+r3)]^(1/3)
1.05 = [1.03*1.04*(1*x)]^(1/3)
[1.0712*(1+x)] = (1.05)^3
[1.0712*(1+x)] = 1.157625
1 + x = 1.157625 / 1.0712
1 + x = 1.080681
x = 1.080681 - 1
x = 0.080681
x = 8.09%
Thus, the periodic Inflation rate in year 3 is 8.09%
Exactly, when someone buys an insurance policy that person is making sure that whatever happens to him/her, there is the policy to compensate for something that will be lost. He/she is transferring the risk away and pass it on to the insurance company for safekeeping.
The answer is B,"Yes, eventually their debts must be repaid with interest.
Answer:
passion, persistence, perseverance, and preparation
Explanation:
The answer to the question above is "the growth of her corpus callosum" which is the reason of Elise's ability to learn which is shown in the question above. The corpus callosum is the part of the brain which related to the intellectual ability of a human. Elise's ability to learn is related to her intellectual ability, thus, the growth of her corpus callosum is the best answer.
