Answer:
nominal rate of interest is 31.7 %
Step-by-step explanation:
given data
payment = $1000
time = 2 year
rate = 4%
CPI = 100
CPI final yer = 127.7
to find out
nominal rate of interest
solution
we know nominal rate of interest formula that is
nominal rate of interest = real interest rate + inflation rate .........1
so here inflation rate is express as
inflation rate = ( CPI final year - CPI ) / CPI × 100 ...........2
put here value
inflation rate = ( 127.7 - 100 ) / 100 × 100
inflation rate is 27.7 %
so from equation 1
nominal rate of interest = real interest rate + inflation rate
nominal rate of interest = 4% + 27.7%
nominal rate of interest is 31.7 %
I also worked it out but I got -5/3
2(6p-5) ≥ 3(p-8) -1
12p-10 ≥ 3p-24-1
12p-10 ≥ 3p-25
12p-3p ≥ -25+10
9p ≥ -15
-15/9
P ≥ -5/3
<h2>$525</h2><h2>--------------------------</h2>
<u>Step-by-step explanation:</u>
<h3>cost price = $450</h3><h3>selling price = $975</h3>
profit = selling price - cost price
= $975 - $450
<h3> = $525</h3><h2>--------------------------</h2><h2>FOLLOW ME</h2>
Answer:
All real numbers greater than or equal to -3
Step-by-step explanation:
First look at graph where the line points to which direction of the graph
And look for any closed or open circles in the graph
Since in the graph has a close circle at (-3,-2) meaning it includes that x-value for its domain.
With the graph going to positive infinity it states that the domain is all real numbers.
So in conclusion it has a domain of all real numbers greater than or equal to -3
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