Answer:
nominal rate of interest is 31.7 %
Step-by-step explanation:
given data
payment = $1000
time = 2 year
rate = 4%
CPI = 100
CPI final yer = 127.7
to find out
nominal rate of interest
solution
we know nominal rate of interest formula that is
nominal rate of interest = real interest rate + inflation rate .........1
so here inflation rate is express as
inflation rate = ( CPI final year - CPI ) / CPI × 100 ...........2
put here value
inflation rate = ( 127.7 - 100 ) / 100 × 100
inflation rate is 27.7 %
so from equation 1
nominal rate of interest = real interest rate + inflation rate
nominal rate of interest = 4% + 27.7%
nominal rate of interest is 31.7 %
Answer:
Slope:-63
Y-intercept: (0,825)
Step-by-step explanation:
Slope= y2-y1 ÷ x2-x1
321-699 ÷ 8-2
-378 ÷ 6 =-63
Y-intercept:
y=-63x+b
to get b (y-intercept) plug in one of the points and solve.
699=-63(2)+b
699=-126+b
699+126=-126+126+b
699+126=0+b
825=b
A point has a positive x and y coordinate- answer is Quadrant I
Answer:
130.3 lbs
Step-by-step explanation:
Just plug in the 5.35 into the x and solve. Hope this helps :)