Answer:
Step-by-step explanation:
put them both in exponential form and then since they are both base 6, you can add the exponents.
Here is the complete question
A nominal interest rate of 5%
A real interest rate of 5%
A real interest rate of 3%
A nominal interest rate of 3%
Answer:
A real interest rate of 5%
Step-by-step explanation:
A real interest rate of 5% is the best option for oscar. The nominal rate of interest is a type of interest rate that shows the increase in in percentage of money without the depreciation discount that is usually caused by inflation or the payment of tax.
The real rate of interest shows the real increase in the money that has been paid for an investment. This is after inflation has been discounted and all forms of taxes have been paid.
So oscar should invest his $4000 on a savings account whose real interest rate is 5% per year
Answer:
x intercept at (7/3 , 0)
y intercept at (0,-3)
Step-by-step explanation:
9x-7y=21
we need to find x and y intercepts
To find x intercept , plug in 0 for y
9x - 7(0) = 21
9x = 21
divide by 9 on both sides
x= 21/ 9 = 7/3
so x intercept at (7/3 , 0)
To find y intercept , plug in 0 for x
9(0) - 7(y) = 21
-7y = 21
divide by -7 on both sides
y= -3
so y intercept at (0,-3)
Answer:
1440
Step-by-step explanation:
36,000x0.04=1440
9514 1404 393
Answer:
Step-by-step explanation:
Let d represent the number of dimes Molly has. Then she has 18-d nickels, and the total value (in cents) of her coins is ...
5(18 -d) +10d = 105
5d +90 = 105 . . . . . . simplify
5d = 15 . . . . . . . . . . . subtract 90
d = 3 . . . . . . . . divide by 5; number of dimes
18-d = 15 . . . . . number of nickels
Molly has 3 dimes and 15 nickels.
