Here is the complete question
A nominal interest rate of 5%
A real interest rate of 5%
A real interest rate of 3%
A nominal interest rate of 3%
Answer:
A real interest rate of 5%
Step-by-step explanation:
A real interest rate of 5% is the best option for oscar. The nominal rate of interest is a type of interest rate that shows the increase in in percentage of money without the depreciation discount that is usually caused by inflation or the payment of tax.
The real rate of interest shows the real increase in the money that has been paid for an investment. This is after inflation has been discounted and all forms of taxes have been paid.
So oscar should invest his $4000 on a savings account whose real interest rate is 5% per year
Answer:
150658743
Step-by-step explanation:
(301 317 167+319)÷2=150658743
-9/15y+3/21=5/15y-14/21
Move 5/15y to the other side. Sign changes from +5/15y to -5/15y
-9/15y-5/15y+3/21=5/15y-5/15y-14/21
-14/15y+3/21=-14/21
Move 3/21 to the other side. Sign changes from +3/21 to -3/21.
-14/15y+3/21-3/21=-14/21-3/21
-14/15y=-14/21-3/21
-14/21-3/21=-17/21
-14/15y=-17/21
Multiply both sides by -15/14
-14/15y(-15/14)
Cross out 15 and 15, divide by 15 then becomes 1
Cross out 14 and 14, divide by 14 then becomes 1
1*1*y=y
-17/21*-15/14
Cross out 15 and 21 , divide by 3. 15/3=2, 21/3=7
17/7*5/14=85/98
Answer: c. y=85/98
Answer:
-18
Step-by-step explanation:
*2, *(-2), *2, *(-2) ...