Limited bits may cause some rounding of the mantissa is true a few double variable
<h2>What is a double variable?</h2>
A double type variable may be a 64-bit floating data type
The double may be a fundamental data type built into the compiler and used to define numeric variables holding numbers with decimal points. C, C++, C# and lots of other programming languages recognize the double as a type
Why we use double data type?
Double is more precise than float and may store 64 bits, double of the amount of bits float can store. Double is more precise and for storing large numbers, we prefer double float. for instance , to store the annual salary of the CEO of a corporation , double are going to be a more accurate choice.
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The additional amount over the amount borrowed that the consumer must repay. This includes fees, interest, and other charges.
<u>Solution and Explanation:</u>
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Answer:
5.85%
Explanation:
Suppose the real risk-free rate is 3.50%, the average future inflation rate is 2.25%, and a maturity premium of 0.10% per year to maturity applies, i.e., MRP = 0.10%(t), where t is the years to maturity. What rate of return would you expect on a 1-year Treasury security, assuming the pure expectations theory is NOT valid? Disregard cross-product terms, i.e., if averaging is required, use the arithmetic average.
a. 5.75%
B. 5.85%
c. 5.95%
d. 6.05%
e. 6.15%
r = r* + IP + DRP + LP + MRP
r = 3.50% + 2.25% + 0 + 0 + .10% = 5.85%