Answer:
Nominal Interest rate=11.9%
Step-by-step explanations:
The Fisher effect is a theory propounded by an economist named Irving Fisher.
Fisher's equation shows the relationship between real Interest rate, expected inflation rate and nominal Interest rate.
It can be calculated by subtracting the expected inflation rate from the nominal Interest rate to give the real Interest rate.
Real Interest rate= nominal Interest rate - expected inflation rate
Given,
Real Interest rate= 4.4%=0.044
Expected inflation rate=7.5%=0.075
Nominal Interest rate=?
Therefore,
Real Interest rate=nominal Interest rate - expected inflation rate
Nominal Interest rate=Real Interest rate+expected inflation rate
Nominal Interest rate=0.044+0.075
Nominal Interest rate=0.119
Nominal Interest rate=11.9%
The first bag would be 5.34$ and the second would be 5.53$ and the second bag is better cause your only spending 19 more cents for 1.5 more pounds
Answer:
x1 =2-5i*sqrt(2)
x2 =2+5i*sqrt(2)
Step-by-step explanation:
-x^2 +4x-54=0 (quadratic equation)
a=-1, b=4, c=-54
x1=(-b+sqrt(b^2-4ac))/2a
x1=(-4+sqrt(4^2 - 4*(-1)(-54))/2*(-1)
x1=(-4+sqrt(16-216))/(-2)
x1 =(-4+sqrt(-200))/(-2)
x1 =(-4+sqrt(200i^2))/(-2) i^2=-1
x1 =(-4+sqrt(100*2*i^2))/(-2)
x1 =(-4+10i*sqrt(2))/(-2)
x1 =2-5i*sqrt(2)
x2 =(-b-sqrt(b^2-4ac))/2a
x2 =(-4-10i*sqrt(2))/(-2)
x2 =2+5i*sqrt(2)
-1(x)= 5x+15inverse of the function
Answer:
60 local calls
Step-by-step explanation:
Total price minus the long-distance charges: 54.35 - 8.35 = $46.00
46 minus the fixed per month cost: 46-31 = $15
15 divided by the cost of each local call: 15/0.25 = 60 calls