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ikadub [295]
2 years ago
13

Oscar has received a $4,000 gift and is looking for a bank to start a savings account. Which option

Mathematics
1 answer:
hoa [83]2 years ago
4 0

Answer:

The best option for him would be a real interest rate of 5%.

Step-by-step explanation:

The nominal interest rate is the one that represents the percentage of increase of the money that is in a certain investment, without discounting the depreciation due to inflation or the payment of taxes.

On the other hand, the real interest rate is the one that represents the real increase in the money invested, after discounting inflation and any taxes to be paid.

Therefore, the best option for Oscar would be to invest his $ 4,000 in a savings account with a real interest rate of 5% per year.

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Simplify the expression ASAP 8p3
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Answer:

336

Step-by-step explanation:

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=8!(8-3)!

=8!5!

=8x7x6

=336

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3 years ago
Name the angle in 4 ways.
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3 years ago
What are the factors of m2 - 12m + 20?
vekshin1

Answer: m-10 and m-2

Step-by-step explanation:

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2 years ago
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steve has quiz scores of 60,64,75,71. If all the quizzes count the same, what is the lowest grade he can make on the next quiz t
NeX [460]

Answer:

The last quiz score must be at least an 80 to get the average to be a 70.

Step-by-step explanation:

In order to find this, you need to take the average of the 4 test scores along with the unknown test score (x). So, to find an average, we add all the numbers together and divide by the amount of tests taken. We can then set this equal to 70 since that is the minimum average.

(60 + 64 + 75 + 71 + x)/5 = 70 ------> Multiply both sides by 5

(60 + 64 + 75 + 71 + x) = 350 -----> Combine like terms

270 + x = 350 -----> Subtract 270 from both sides

x = 80

7 0
3 years ago
A runner ran of a 5 kilometer race in 21 minutes. They ran the entire race at a constant speed.
IgorLugansk [536]

Answer:

4.2

Step-by-step explanation:

the kilometro is 5 and race is 21. 5÷21=4.2

6 0
2 years ago
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