Answer:
the rate of inflation is 2%.
Step-by-step explanation:
given:
Nominal interest rate =3%
Real interest rate=1%
To Find:
Rate of inflation=?
Solution:
Nominal interest rate:
Nominal interest rate refers to the interest rate before taking inflation into account.
Inflation rate:
The inflation rate is the percent increase or decrease in prices during a specified period. It's usually over a month or a year.
Real interest rate:
A real interest rate is an interest rate that has been adjusted to remove the effects of inflation to reflect the real cost of funds to the borrower and the real yield to the lender or to an investor.
Real interest rate ≈ nominal interest rate − inflation rate.
This can be re written as
inflation rate= Real interest rate - nominal interest rate
Substituting the values,
inflation interest = 1+3
inflation interest=4%
i hope this helpsss<3
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if u didnt undersstand make sure to tell me so i can try to say it again
The distance between any point (x0,y0) on the parabola and the focus (m,n) is the same as the distance between (x0,y0) and the directrix line ax+by+c. The distance between (x0,y0) and focus (a,b) is \sqrt((x-m)^2+(y-n)^2). The distance between (x0,y0) and ax+by+c is |ax0+by0+c|/\sqrt(m^2+n^2). Equalize these two expressions.
Answer:
with discount+tax= $23.15
Step-by-step explanation:
board game is 25
discount: 15%
tax: 7.5%
discount means you take off that amount
tax means you add that amount
discount: 15% off
tax: +7.5%
to find 15% of 25 multiply 25 by 15% (15/100=0.15)
25*0.15
= 3.75
then subtract that from 25
25-3.75
=21.25
tax:
0.075*25
=1.875
~1.9
21.25+1.9
=23.15
The awnser is (-1+3/x-3/x2+1/x3 )
300,000/yr
52 weeks/yr
300,000/52 = 5,769.2 (rounded to the nearest tenth)
