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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Answer:
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Explanation:
Answer: 3x^3+6x^2+8x+24 (remainder of 47)
Explanation: You use a method of division for polynomials and binomials, I cannot explain it now, but you should search it up. Using it, you get the answer and the remainder.
