The government budget deficit does not influence the real interest rate. The real interest rate is 9 percent a year.
<h3>What do mean by
government budget?</h3>
A government budget is a document created by the government and/or another political institution that details proposed spending and tax revenue estimates for the upcoming fiscal year. The budget is typically presented to the legislature in parliamentary systems, and it frequently needs their approval.
A government budget is a document that details the anticipated income and expenditures for a given fiscal year for a given governing body. Government spending plans frequently need legislative approval and are vulnerable to political pressure from interest groups vying for funding.
Learn more about government budget here
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Answer:
$8
Explanation:
The yearly amount of interest earned on a $100 deposit at 4 percent rate is:
Since simple interest investments yield a constant interest each year, the amount earned after two years is:
The total amount earned is $8.
Answer:
Investment worth now = 3,726 dollars
Explanation:
This is simple question which can easily be understood with the help of following calculations.
Initial Investment = $ 3000 -A
Value increase by 20% = A*1.2 = 3600-B
Value dip by 10% = B*0.9 = 3240-C
Value increase by 15%= C*1.15 = 3726
In this way by applying rate to last determine value we can get current investment worth.
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