Answer:
Nominal Interest rate=11.9%
Step-by-step explanations:
The Fisher effect is a theory propounded by an economist named Irving Fisher.
Fisher's equation shows the relationship between real Interest rate, expected inflation rate and nominal Interest rate.
It can be calculated by subtracting the expected inflation rate from the nominal Interest rate to give the real Interest rate.
Real Interest rate= nominal Interest rate - expected inflation rate
Given,
Real Interest rate= 4.4%=0.044
Expected inflation rate=7.5%=0.075
Nominal Interest rate=?
Therefore,
Real Interest rate=nominal Interest rate - expected inflation rate
Nominal Interest rate=Real Interest rate+expected inflation rate
Nominal Interest rate=0.044+0.075
Nominal Interest rate=0.119
Nominal Interest rate=11.9%
The graph is shown in the attached image.
Answer:
0
Step-by-step explanation:
21(3) +2(7) - 11(7) because the absolute value of -11 is 11
63+14-77
=0
The inverse of the statement is 'If it is Wednesday, then it is not sunny'
<h3>What is the inverse of a word?</h3>
The inverse of a word is simply the contrary nature or quality and could be termed opposite or reverse of a proposition or theorem that is formed by'
- contradicting both the subject and predicate
- Contradicting both the hypothesis and conclusion of a given proposition or theorem
For instance, the inverse of "if A then B" is "if not-A then not-B" and 'if not A, then B" is 'If A, not B ' is termed a compare contrapositive
From the information given, we have;
'If it is not Wednesday, then it is sunny'
We can see that the inverse of the proposition is;
'If it is Wednesday, then it is not sunny'
Thus, the inverse of the statement is 'If it is Wednesday, then it is not sunny'
Learn more about inverse here:
brainly.com/question/14391067
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Answer:
Approximately 54.54% of race happened in the first week.
Step-by-step explanation:
We are given the following in the question:
Length of bike race in three weeks = 2,200 miles
Race covered in first week = 1,200 miles
Percentage of race covered in first week =
Thus, approximately 54.54% of race happened in the first week.
