Answer:
Nominal Interest rate=11.9%
Step-by-step explanations:
The Fisher effect is a theory propounded by an economist named Irving Fisher.
Fisher's equation shows the relationship between real Interest rate, expected inflation rate and nominal Interest rate.
It can be calculated by subtracting the expected inflation rate from the nominal Interest rate to give the real Interest rate.
Real Interest rate= nominal Interest rate - expected inflation rate
Given,
Real Interest rate= 4.4%=0.044
Expected inflation rate=7.5%=0.075
Nominal Interest rate=?
Therefore,
Real Interest rate=nominal Interest rate - expected inflation rate
Nominal Interest rate=Real Interest rate+expected inflation rate
Nominal Interest rate=0.044+0.075
Nominal Interest rate=0.119
Nominal Interest rate=11.9%
Answer:
2145 ft^3
Step-by-step explanation:
Answer: However, in real life it depends on the shape of the actual presents. If two sheets are used for the 2 presents. There should be enough left from those sheets to use for the third present. (They should be taped together.)
Step-by-step explanation: 6/3 then 3 over 8 ––> 3/8
6/ 27/8
= 6/1 / divide 27/8
= 6^2 /1 x 8/27 ^9 (^) –––> this mean square root of 2 or 9
6 cancels and 27 cancel
= 16/9
=1 7/9
However you will still need to buy 2 sheets
Answer:
An airplane cruises 1 kilometer in 1/12 of a minute. What is its cruising speed?<u>200</u>
