1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
svlad2 [7]
3 years ago
11

20. The consumer price index was 120 in 2013 and 126 in 2014. The nominal interest rate during this period was 8 percent. What w

as the real interest rate during this period? A) 3 percent B) 2 percent C) 3.3 percent D) 5.2 percent E) 12.8 percent
Business
1 answer:
Stella [2.4K]3 years ago
5 0

Answer: 3%

Explanation:

To calculate the real interest rate, it should be noted that the inflation rate is needed and this can be calculated using the consumer price index as:

= [(126-120)/120] × 100

= 6/120 × 100

= 5%

Real interest rate will now be:

= Nominal Rate - Inflation Rate

= 8% - 5%

= 3%

You might be interested in
Patrick has an old car and wants to keep his insurance costs down, but he wants coverage in case he damages the property of othe
Citrus2011 [14]

Answer:

Property damage liability coverage

Explanation:

According to my research on car insurance policies, I can say that based on the information provided within the question at minimum Patrick should have Property damage liability coverage. This is a type of insurance policy that covers any damage that you may cause to another individual's vehicle or property, including government property such as street signs and telephone poles.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
Why we do need change management
Hunter-Best [27]

Answer:

Change management is a process that helps ease any organizational transitions. More specifically, it aids on the people side of change. In essence, it helps “employees to understand, commit to, accept, and embrace changes in their current business environment.”Aug

8 0
3 years ago
Read 2 more answers
Mark the three choices that are true of a living trust.
AlekseyPX
<span>When the minor children reach a certain age, the living trust is always discontinued: FALSE
A living trust is established while the owner of the property or money put in trust is still alive.TRUE
The estate is managed, invested, and controlled by the trust agency or person.TRUE
The profit is paid to the owner during his lifetime, and to whomever he names upon his death. TRUE</span>
7 0
3 years ago
Read 2 more answers
Contour Autos competes against the global leaders in the automobile industry by developing and selling acceptable quality vehicl
alisha [4.7K]

Answer:

c. cost-leadership strategy

Explanation:

Contour Autos tend to decrease the price of the product and that the quality served of the product is acceptable and not degraded. In this manner as against the normal industry the company supplies same quality goods at lower prices.

This decreases the cost for consumers and therefore, it is termed as Cost-Leadership strategy.

The Company tends to lead in the market through lower cost of goods supplied with the same quality.

5 0
3 years ago
Equity securities acquired by a corporation which are accounted for by recognizing unrealized holding gains or losses in the inc
koban [17]

Answer:

a.equity method investments where a company has holding of less than 20 %

3 0
3 years ago
Other questions:
  • Comans Corporation has two production departments, Milling and Customizing. The company uses a job-order costing system and comp
    10·1 answer
  • Why did the natural environment receive so much attention under new deal programs, and with what result?
    15·1 answer
  • Using the allocation method, if the ratio of land value to building value is one to three and an improved property is valued at
    5·1 answer
  • The ____, implemented in 2001, grants federal authorities expanded surveillance and intelligence-gathering powers, such as broad
    6·1 answer
  • Sony, a firm once synonymous with portable music, has ceded its market dominance to Apple because:
    10·1 answer
  • which of the following are examples of financial goals? chelsea wants to be able to afford her own apartment. martina wants a pa
    11·1 answer
  • Waterway Frame Camera Shop uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are availa
    15·1 answer
  • using the aging of accounts receivable, Age Old, Inc. estimates that $90000 of its 4000000 of accounts receivable will be uncoll
    12·1 answer
  • There will be a higher equilibrium price and lower quantity if _____.
    13·1 answer
  • Pr 6-3a weighted average cost method with perpetual inventory
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!