Answer:
The best option for him would be a real interest rate of 5%.
Step-by-step explanation:
The nominal interest rate is the one that represents the percentage of increase of the money that is in a certain investment, without discounting the depreciation due to inflation or the payment of taxes.
On the other hand, the real interest rate is the one that represents the real increase in the money invested, after discounting inflation and any taxes to be paid.
Therefore, the best option for Oscar would be to invest his $ 4,000 in a savings account with a real interest rate of 5% per year.
Answer:
EF = 58/7
Step-by-step explanation:
If you extend both BC and AD to meet at P you get 3 similar triangles PAB, PEF, and PCD. Let's call BF = 3x and FC = 4x. Therefore the following proportions can be expressed:
BP/7 = (BP+7x)/10
10BP = 7*(BP+7x)
10BP = 7BP+49x
3BP = 49x
BP = (49/3)x
BP/7 = (BP+3x)/EF
EF = (BP+3x)*7/BP
EF = ((49/3)x + 3x)*7/((49/3)x)
EF = ((58/3)x*7*3)/(49x)
EF = 58/7
The correct answer is:
A=4
B=5
hopes this helps you and future people!
Whole number, integer, and rational
How much we talking like 20 dollars or something