To put it simply, a scholarship is when a college or uni will pay for you to come to their school. Meanwhile a loan is the money you borrow for something, which will make you in-debt
The real return is the difference between the nominal and actual rate of inflation. Therefore, the real return revived by Luigi will be 6%.
<u>Given</u><u> </u><u>the</u><u> </u><u>Parameters</u><u> </u><u>:</u>
- <em>Nominal rate = 7% </em>
- <em>Actual rate of inflation = 1%</em>
<em>Real return = Nominal rate - Actual rate of return </em>
Real Return = 7% - 1% = 6%
Therefore, the real return on Luigi's money would be 6%
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A+ : 97%+
A : 93%-96%
A- : 90%-92%
B+ : 87%-89%
B : 83%-86%
B- : 80%-82%
C+ : 77%-79%
I’m pretty sure is “his” which will be C