Answer:
A
Step-by-step explanation:
A real interest rate is an interest rate that has been adjusted to remove the effects of inflation to reflect the real cost of funds to the borrower and the real yield to the lender or to an investor. A nominal interest rate refers to the interest rate before taking inflation into account.
Well 1/40 is 0.025 so that should be the write fraction to use
Answer:
A,D,C
Step-by-step explanation:
The answer is $240.
If you round each amount to the nearest ten you get $130.00, $60.00, and 50.00. When you add all of those together you get an estimated amount of $240.