Answer:
nominal rate of interest is 31.7 %
Step-by-step explanation:
given data
payment = $1000
time = 2 year
rate = 4%
CPI = 100
CPI final yer = 127.7
to find out
nominal rate of interest
solution
we know nominal rate of interest formula that is
nominal rate of interest = real interest rate + inflation rate .........1
so here inflation rate is express as
inflation rate = ( CPI final year - CPI ) / CPI × 100 ...........2
put here value
inflation rate = ( 127.7 - 100 ) / 100 × 100
inflation rate is 27.7 %
so from equation 1
nominal rate of interest = real interest rate + inflation rate
nominal rate of interest = 4% + 27.7%
nominal rate of interest is 31.7 %
First you add 2000 and 500 and then when you get the answer you add 6 and 12 then you get the answer
So,
There are 7 cherry gumballs and 6 grape gumballs.
The total gumballs is 13.
Therefore, the ratio of grape gumballs to total gumballs is 6:13.
2^3 = 2 x 2 x 2 = 8
your answer is 8
hope this helps
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