1/4 - 2/3y = 3/4 - 1/3
-1/4 -1/4
(3)-2/3y = (3/4 - 1/3 - 1/4)3
-2y = 1/2
/-2 /-2
y = -1/4
Answer:
The new real interest rate is 15%
and the lender was hurt.
O 15%; lender
Explanation:
a) Data and Calculations:
Fixed nominal interest rate = 13%
Real interest rate for the bank's profit margin = 10%
Inflation rate = 3% (13% - 10%)
Unanticipated inflation rate = 7%
Nominal interest rate = 17% (10% + 7%)
But the bank could not increase its fixed nominal interest rate to match the nominal interest rate.
Answer:
when you flip you buy at a low price, fix it up then sell at a higher price for profit. usually in less than 6 months.
Yes, It was known for a temporary solution of glue... Although it didnt last long... lol
Answer:
The correct answer is C. users to obtain online answers to ad-hoc questions in a rapid amount of time.
Explanation:
OLAP (Online Analytical Processing) is a computing method that provides analysis of data stored in a database. OLAP is strong technology for data discovery, predictive planning, complex analytical calculations, and capabilities for limitless report viewing. This enables users to easily and selectively extract and query data in order to analyze it from different points of view. OLAP enables users to obtain online answers to ad-hoc questions in a rapid amount of time.
For example, OLAP provides time series and trend analysis views. It is frequently used in data mining.