Answer:
23182 or 23181.5109105
Step-by-step explanation:
Answer:
the rate of inflation is 2%.
Step-by-step explanation:
given:
Nominal interest rate =3%
Real interest rate=1%
To Find:
Rate of inflation=?
Solution:
Nominal interest rate:
Nominal interest rate refers to the interest rate before taking inflation into account.
Inflation rate:
The inflation rate is the percent increase or decrease in prices during a specified period. It's usually over a month or a year.
Real interest rate:
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.
Real interest rate ≈ nominal interest rate − inflation rate.
This can be re written as
inflation rate= Real interest rate - nominal interest rate
Substituting the values,
inflation interest = 1+3
inflation interest=4%
i hope this helpsss<3
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if u didnt undersstand make sure to tell me so i can try to say it again
The expression is r = 500 • 2, where “r” represents the rate.
Answer:
c. Inductive and Strong
Step-by-step explanation:
In inductive reasoning, provided data is analyzed in order to reach a conclusion. In this case, the argument provides data regarding Jane and Nancy's awards and their love for mathematics and then draws a conclusion regarding Nancy's performance in a particular class, this is an example of inductive reasoning.
As for the strength of the argument, it is plausible to infer that Jane and Nancy have similar mathematics skills since they both love calculus and excel academically. Therefore, if Jane does well in the calculus class, it is a strong argument to say that Nancy does as well.
The answer is :
c. Inductive and Strong
Let's take an example to illustrate this case:
<span>positive fraction = 2/7
</span>
<span>negative fraction = - 3/5
Now we need to subtract </span><span>- 3/5 from 2/7
Right?
2/7 - (-3/5) = 2/7 + 3/5
here we need to unify the denominators as follows:
the lowest common factor between 7 and 5 is 35
2/7 = 10/35
3/5 = 21/35
Now back to </span><span>2/7 + 3/5:
</span><span><span>2/7 + 3/5 = 10/35 + 21/35 = (10+21)/35 = 31/35
That's it
Hope that helps you</span>
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