Answer:
The best option for him would be a real interest rate of 5%.
Step-by-step explanation:
The nominal interest rate is the one that represents the percentage of increase of the money that is in a certain investment, without discounting the depreciation due to inflation or the payment of taxes.
On the other hand, the real interest rate is the one that represents the real increase in the money invested, after discounting inflation and any taxes to be paid.
Therefore, the best option for Oscar would be to invest his $ 4,000 in a savings account with a real interest rate of 5% per year.
B: (0, a)
C should have the same y value as B
D: (a,0)
C should have the same x value as D
So point C is (a,a)
Since point A is on the origin, its point is (0,0)
You use the slope formula and plug in point A and C:
m = 1
So the value that belongs in the green box is 1
Answer:
A = 12 units ^2
Step-by-step explanation:
The area of the trapezoid is found by
A = 1/2 (b1+b2)h
b1 = 2
b2 = 4
h = 4
I found these by looking at the graph
A = 1/2(2+4) 4
A = 1/2(6*4)
A = 12 units ^2
Greg’s hourly wage is $9.35 per hour
