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
dsp73
3 years ago
6

If the nominal interest rate per year is 10% and the inflation rate is 4%, the real rate of interest is closest to

Business
1 answer:
Llana [10]3 years ago
7 0

Answer:

Real interest rate= 0.06 = 6%

Explanation:

Giving the following information:

Nominal interest rate= 10%

Inflation rate= 4%

The real interest rate is the result of deducting from the nominal interest rate the inflation rate. I<u>nflation has the opposite effect than the interest rate on the value of money through time.</u>

Real interest rate= nominal interest rate - inflation rate

Real interest rate= 0.10 - 0.04

Real interest rate= 0.06

You might be interested in
Fracbtion in simpiest form<br><img src="https://tex.z-dn.net/?f=%20%5Cfrac%7B2%7D%7B10%7D%20" id="TexFormula1" title=" \frac{2}{
dmitriy555 [2]

Answer:

\frac {1}{5}

Explanation:

You divide the top by 2 and the bottom by two.

6 0
3 years ago
During Reagan’s administration, the __________ Department was given a "blank check" to purchase whatever they needed.
Paraphin [41]

Answer: defense

Explanation:

During Reagan’s administration, the defense department was given a "blank check" to purchase whatever they needed.

During Reagan's administration,, he also implemented supply side economic policies and a huge tax cut as well as the rise in the expenditure on defense.

5 0
3 years ago
Kelsey owns a cottage in which her aunt Matilda lives. Kelsey wants to insure that Matilda can live in the cottage for the remai
Inessa [10]

Answer:

Kelsey owns a cottage in which her aunt Matilda lives.  

Kelsey wants to insure that Matilda can live in the cottage for the remainder of her life, but when Matilda dies, title to the property will return to Kelsey.

Kelsey can accomplish this objective by granting Matilda a Drag and Drop the appropriate terms into the spaces provided

A life tenant has the OBLIGATION to keep the property in good repair and to pay property taxes.

The two types of CURRENT ownership are tenancy in common and joint tenancy.  

Concurrent ownership MENTIONATED can also be held in a tenancy by the entirety or as community property.

In most states, it is PRESUMED that a co-tenancy is a tenancy in common.

With a joint tenancy a deceased joint tenant's interest IS TRANSFERED to the surviving joint tenant or tenants.

The right of survivorship DISTINGUISHED a joint tenancy from a tenancy in common.

When a joint tenant transfers her or his rights to another without the consent of the other joint tenants, doing so TERMINATED the joint tenancy.

Explanation:

Kelsey and her aunt Matilda, they made an agreement so that Matilda can usufruct the house while she lives, and when she dies she becomes Kelsey.

3 0
3 years ago
The ________________ desires to find a solution to a social problem rather than to simply earn profits.
uranmaximum [27]

Answer:

Social Entrepreneur.

8 0
3 years ago
A broker allowed her license to expire and renewed it 32 days after the expiration date. What does she need to do to reinstate h
ICE Princess25 [194]

Answer:

B

Explanation:

she has to do the following to reinstate her license - Makes a proper application within thirty-one days after the date of expiration, by payment of the regular three-year renewal fee.

3 0
3 years ago
Other questions:
  • Spencer Co. has a $360 petty cash fund. At the end of the first month the accumulated receipts represent $59 for delivery expens
    12·1 answer
  • A decrease in the price of eggs will result in
    11·1 answer
  • Which quality ensures that you are in a better position to represent yourself? A. self-confidence B. self-management C. punctual
    15·1 answer
  • On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $90,000 in cash along with equipment havi
    6·1 answer
  • The advertising promise that captures the reason that people buy products is known as:____________.
    7·1 answer
  • All of the following are true statements EXCEPT:
    13·1 answer
  • If a company uses the periodic inventory system, what is the impact on net income of including goods in transit f.o.b. shipping
    11·1 answer
  • Which activities support the central idea about financial planning? select 3 options. saving money in a piggy bank making impuls
    6·2 answers
  • 1.1.1 (1 ) 1 Quote the vision statement of Mpumi Bottle Manufacturers in the case study about ​
    7·2 answers
  • A company contributes money towards a profit-sharing fund for its employees. Every 2 years, employees are free to withdraw money
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!