False,I think because it is true it have to be 50%
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 %
Answer:
P = 64
Step-by-step explanation:
brainliest question
Hope I’m not as late but the cost per topping is 80 cents.
4x+1 = 2x+23
4x = 2x+22
2x = 22
x = 22/2 = 11
x = 11
3x-8 = 3(11)-8 = 33-8 = 25
BC=25
