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
9514 1404 393
Answer:
A. 16°
Step-by-step explanation:
Angle E corresponds to angle N, the third angle in ∆MNO. Its measure is ...
∠N = 180° -∠M -∠O
∠N = 180° -99° -65°
∠N = ∠E = 16°
Answer:
y=(1/3)x-2
Step-by-step explanation:
Plug into equation of y=mx+b
y=(1/3)x-2
I take it that only 7 stamps are misplaced and that we are asked for the total value of the stamps including those which have been misplaced.
If each is worth $0.15 then, the total worth of 7 stamps is $1.05. Then, we add this value to the value of his remaining stamps, $5.55, the answer would be $6.60.
Answer:
$9257.5
Step-by-step explanation:
plug into the equation known variables
