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FinnZ [79.3K]
3 years ago
12

real and nominal rates of interest. Zane Perelli currently have $100 that he claims spend today on Polo shirts costing $25 each.

alternatively, he could invest the $100 in a risk of free u.s. treasury security that is expected to earn a 9% nominal rate of interest. the consensus forecast leading economist is a 5% rate of inflation over the coming year. how many Polo shirts can Zane purchase today? how much money will Zane have at the end of 1 year if he forgoes purchasing Polo shirts today?
Mathematics
1 answer:
solong [7]3 years ago
6 0

The answer will be 2,500. Hope this help

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Mai biked 5 1/4 miles today, and Noah biked 2 1/2 miles. How many times the length of Noah’s bike ride was Mai’s bike ride?
OlgaM077 [116]

Answer:

The length of Mai's bike ride was 2.1 times the length of Noah's ride.

Step-by-step explanation:

Mai biked 5 1/4 miles today

So he biked, in miles:

5 + \frac{1}{4} = \frac{5*4 + 1}{4} = \frac{20+1}{4} = \frac{21}{4}

Noah biked 2 1/2 miles.

So, in miles, he biked:

2 + \frac{1}{2} = \frac{2*2 + 1}{2} = \frac{4+1}{2} = \frac{5}{2}

How many times the length of Noah’s bike ride was Mai’s bike ride?

We divide the Mai distance by Noah's distance. In a division of fractions, we multiply the numerator by the inverse of the denominator. So

\frac{\frac{21}{4}}{\frac{5}{2}} = \frac{21}{4} \times {2}{5} = \frac{21*1}{2*5} = \frac{21}{10} = 2.1

The length of Mai's bike ride was 2.1 times the length of Noah's ride.

5 0
3 years ago
Joe and Ben are saving money for a new x-box game. Joe has saved $15.00 in 2 weeks and $37.50 in 5 weeks. Ben's savings are repr
ivanzaharov [21]

Answer:

37.50/5 = $7.50/week

so the difference is 8.25-7.50 = $0.75/week

Step-by-step explanation:

5 0
3 years ago
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