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natka813 [3]
3 years ago
10

A Roth IRA is advertised to pay 1.5% annual interest. You researched the rate of inflation to be 1.15% this year. What is the ac

tual or real rate of return on the IRA?
Mathematics
1 answer:
jekas [21]3 years ago
3 0

Answer: 0.35%

Step-by-step explanation:

Given the following :

Advertised interest rate = nominal rate = 1.5%

Inflation rate = 1.15%

The real rate of return is calculated by:

[(1 + nominal rate) / ( 1 + inflation rate)] - 1

[(1 + (1.5/100)) / (1 + (1.15/100))] - 1

[(1 + 0.015) / ( 1 + 0.0115)] - 1

[ 1.015 / 1.0115] - 1

1.0034602 - 1 = 0.0034602

Real rate of return = (0.0034602 * 100)%

Real rate of return = 0.346%

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2. 2(x+1.25) = 3.5
dangina [55]

Answer:

x = 0.5

Step-by-step explanation:

Given

2(x + 1.25) = 3.5 ← divide both sides by 2

x + 1.25 = 1.75 ( subtract 1.25 from both sides )

x = 0.5

8 0
3 years ago
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Zach spent 2/3 hour reading on Friday and 1 1/3 hours reading on Saturday. How much more time did he read on Saturday than on Fr
hodyreva [135]
Subtract.

1 1/3 - 2/3

Convert 1 1/3 into an improper fraction:

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Subtract the numerators together:

2/3

So he read 2/3 more time on Saturday than on Friday.
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3 years ago
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mr_godi [17]

Answer:

(fog)(x)=|x+2|

Dom_{fog} = R

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Step-by-step explanation:

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3 years ago
It takes 10 people 15 hours to prepare the gym for the school dance. How many hours would it take 12 people to prepare the gym?
valentinak56 [21]

Answer

18 hours

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4 0
2 years ago
You can use an arithmetic operator to return the modulus of a calculation, which is the ____ when you divide one number by anoth
balandron [24]

Answer:

<u>Residue</u>

Step-by-step explanation:

Let a and b be integers. We define a mod b to be the residue of dividing a by b. For example, if a evenly divides b, then a mod b=0, 20 mod 6= 2. The modulus operator is widely used in programming, and it is convenient when a and b are large numbers.

a mod b is always a nonnegative integer. In fact, 0≤ a mod b≤ |b-1| by the division algorithm. a and b can also be negative integers. Since 8=-(-5)+3 then 8 mod -5= 3.

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