Answer:
Rule 3
Step-by-step explanation:
The values correspond to the equation y=3^x
11 in - 7 in = 4 in
a^2 + (4 in)^2 = (5 in)^2
a^2 + 16 in = 25 in
a^2 = 9 in
a = 3 in
7 in x 3 in = 21 in
1/2( 3 in ) ( 4 in ) = 6 in
a = 21 in + 6 in = 27 in
9514 1404 393
Answer:
- 1.89%
- 5.06%
Step-by-step explanation:
1. Solving for real interest rate, we find it to be ...
real interest rate = (1 +nominal rate)/(1 +inflation rate) -1
= 1.08/1.06 -1 ≈ 1.89%
__
2. Solving for nominal interest rate, we find it to be ...
nominal interest rate = (1 +real interest rate)·(1 +inflation rate) -1
= (1.02)(1.03) -1 ≈ 5.06%
