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Gala2k [10]
3 years ago
14

Suppose you have a fixed-rate mortgage with a nominal interest rate of 6% and the expected annual inflation rate over the life o

f the mortgage is 2%. What is the expected real interest rate?
Mathematics
1 answer:
melisa1 [442]3 years ago
5 0

Answer:

750

Step-by-step explanation:

hope this helps

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What is the solution to the equation below? Round your answer to two decimal places. log5 x=2.1
Natali5045456 [20]

Answer:

D. x=29.37

Step-by-step explanation:

To answer this question you have to understand how log work. Log is the abbreviation of logarithm and it works as an inverse function of exponentiation.  

The rules should be like this:

 

log_{a} b = c\\a^{c} = b\\

Variable a in the equation is called base. If it left empty you can assume its base 10. The log in this question using 5 as a base. Variable b will be x and variable c will be 2.1

Now, let's change the variable of the equation using the information from the question.  

log_{a} b = c\\\log_{5} x = 2.1\\5^{2.1} = x\\x= log_5}^{-1}2.1\\x=29.365473577\\x=29.37

5 0
3 years ago
Is this statement true or false?
daser333 [38]
False your answer is false
8 0
3 years ago
Read 2 more answers
What price do farmers get for the peach crops? in the third week of June, a random sample of 40 farming regions gave a sample me
prohojiy [21]
Given:
Sample size, n = 40
Sample mean, xb = $6.88
Population std. deviation, σ = $1.92 (known)
Confidence interval = 90%

Assume normal distribution for the population.
The confidence interval is
(xb + 1.645*(σ/√n), xb - 1.645*(σ/√n)
= (6.88 + (1.645*1.92)/√40, 6.88 - (1.645*1.92)/√40)
= (7.38, 6.38)

Answer: The 90% confidence interval is (7.38, 6.38)
6 0
3 years ago
The math club sells candy bars and drinks during football games.
8090 [49]
Divide 270 by 90 then the answer will be 3, so 1 candy bar is sold for $3
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What is the answare to 12-3+1×3÷3×57=
Alenkasestr [34]
66 is the answer for your questioj
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