The real return is the difference between the nominal and actual rate of inflation. Therefore, the real return revived by Luigi will be 6%.
<u>Given</u><u> </u><u>the</u><u> </u><u>Parameters</u><u> </u><u>:</u>
- <em>Nominal rate = 7% </em>
- <em>Actual rate of inflation = 1%</em>
<em>Real return = Nominal rate - Actual rate of return </em>
Real Return = 7% - 1% = 6%
Therefore, the real return on Luigi's money would be 6%
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Yea I’m gonna go home with a friend of mine but I’m going home
Answer:
Explanation:
life is very hard, it is full of difficulties. but no matter how hard you try you can never be mad at yourself for to long. life is very complicated because you got school, people trying to drag you down, parents. just think ahead and dont worry about fake people trying to bring you down.
Answer:
2.5% of $80,000=$2,000
The Smiths pay $2,000 in school taxes per year.
Explanation:
100%=$80,000
10%=$80,000(100%)/10=$8,000(10%)
5%=$8,000(10%)/2=$4,000(5%)
2.5%=$4,000(5%)/2=$2,000(2.5%)