Science has caused more solutions than problems. We wouldn’t have vaccines or modern methods to stay healthy without science (just being one example). Those who believe science has done more harm than good I think just want to stay in a simpler time and not face progress.
Huron, Ontario, Michigan, Erie, Superior
a. Approximate real rate of interest 4.23%
b. Exact real rate of interest 2.78%
a. Calculations to determine the approximate real rate of interest in percent.
Using this formula
Approximate real rate of interest=Risk free rate - Inflation rate
Let plug in the formula
Approximate real rate of interest = 9.44% - 5.21%
Approximate real rate of interest = 4.23%
b. Calculations to determine the exact real rate of interest in percent
Using this formula
Exact real rate of interest= (Risk free rate-inflation) / (1+inflation)
Let plug in the formula
Exact real rate of interest= (9.44% - 5.21%) / (1 + 5.21%)
Exact real rate of interest=4.23% / 1.521%
Exact real rate of interest= 2.78%
Inconclusion:
a. Approximate real rate of interest 4.23%
b. Exact real rate of interest 2.78%
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brainly.com/question/19338918
Analyzing data collected by others.