Answer:
6
Step-by-step explanation:
Answer:
0 < b < 1
Step-by-step explanation:
I did the math and double checked on wolfram Alfa and it’s right hope this helps
Answer: 0.6
Step-by-step explanation:
Answer:
n + (2n + 5) = 50
Step-by-step explanation:
n = Nina’s age
2n = twice Nina’s age
5= Ryan is 5 years older than twice Nina’s age
50 = both their ages combined.
So,
n + (2n + 5) = 50
Here is the complete question
A nominal interest rate of 5%
A real interest rate of 5%
A real interest rate of 3%
A nominal interest rate of 3%
Answer:
A real interest rate of 5%
Step-by-step explanation:
A real interest rate of 5% is the best option for oscar. The nominal rate of interest is a type of interest rate that shows the increase in in percentage of money without the depreciation discount that is usually caused by inflation or the payment of tax.
The real rate of interest shows the real increase in the money that has been paid for an investment. This is after inflation has been discounted and all forms of taxes have been paid.
So oscar should invest his $4000 on a savings account whose real interest rate is 5% per year
