1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
evablogger [386]
3 years ago
5

Treasury bills are currently paying 6 percent and the inflation rate is 3 percent. a. What is the approximate real rate of inter

est? (Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the exact real rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Business
1 answer:
nexus9112 [7]3 years ago
3 0

Answer: a. 2.90%

b. 2.81%

Explanation:

Nominal rate = 6%

Inflation rate = 3.1%

a. What is the approximate real rate of interest?

The approximate real rate of interest will be calculated as:

= Nominal rate - Inflation rate

= 6.0% - 3.1%

= 2.90%

b. What is the exact real rate?

Exact real rate will be calculated as:

= (nominal-inflation) / (1+inflation)

= (6.0% - 3.1%) / (1 + 3.1%)

= 2.9% / 1.031

= 2.81%

You might be interested in
If you suspect a friend is suicidal what should you do
aev [14]
You should contact a adult but the more mature thing is to talk to them and see if you can help if the person doesn't want to talk about it you can call the cops.
(I know it's ridicules but suicide is a crime)<span />
8 0
3 years ago
In one or two sentences, Explain how quantity supplied and price are related.
WARRIOR [948]
Hello!

The price rises when the quality rises, because the quality of the product depends on the quality of the feedstock.

Hugs!
7 0
3 years ago
Read 2 more answers
Coral Music manufactures harmonicas. Coral uses standard costs to judge performance.​ Recently, a clerk mistakenly threw away so
jeka57 [31]

Answer:

Explanation:

std rate  $9.00

actual rate  $8.50

standard hours 5,200

Total variance: 390 Favorable

Rate variance:

(standard\:rate-actual\:rate) \times actual \: hours = DL \: rate \: variance

Efficiency

(standard\:hours-actual\:hours) \times standard \: rate = DL \: efficiency \: variance

Total:

rate + efficiency

(standard\:rate-actual\:rate) \times actual \: hours + (standard\:hours-actual\:hours) \times standard \: rate = 390

We plug our know values and solve:

(9 - 8.5) \times actual \: hours + (5,200-actual\:hours) \times 9 = 390

0.5actual hours + 46,800 - 9actual hours = 390

46,800 - 390 = 8.5 actual hours

46,410/8.5 = actual hours = 5,460

now we calculate each variance:

rate: 2,730

(9-8.5) \times 5,460 = DL \: rate \: variance

efficiency (2,340)

(5,200-5,460) \times 9 = DL \: efficiency \: variance

8 0
3 years ago
Which statements are accurate about Medicare? Check all that apply.
shepuryov [24]

Answer:

its B and D

Explanation:

8 0
4 years ago
Read 2 more answers
promotional strategies that use unconventional means and venues to encourage word of mouth about​ products, such as pop up messa
Shalnov [3]

Promotional strategies that use unconventional means and venues to encourage word of mouth about​ products, such as pop up messages where recipients were not expecting to see​ them, 'ambushes' recipient.

<h3>What are promotional strategies?</h3>

A company's limited resources can be focused on the best possibilities to boost sales and gain a long-term competitive edge through the use of a marketing plan.

Prior to formulating, evaluating, and choosing a market-oriented competitive position that supports the company's aims and marketing objectives, strategic planning entails a review of the company's original strategic condition.

Traditional and online advertising, personal selling, direct marketing, public relations, sponsorships, and sales promotions are examples of promotional strategy types.

To learn more about promotional strategies visit:

brainly.com/question/14970592

#SPJ4

7 0
1 year ago
Other questions:
  • Which area of study involves microeconomics?
    7·2 answers
  • Jones, CPA, is in court defending himself against a lawsuit filed under the 1933 Securities Act. The charges have been filed by
    9·1 answer
  • If it costs $75,000 to put on an event and total revenue is $135,000, how much profit how much profit did the concert bring in?
    7·1 answer
  • !!!!
    9·1 answer
  • Shoemaker Perkins Company uses a standard cost system for raw material X15. The standard cost is $10 per pound. The standard cal
    15·1 answer
  • The broccoli market is perfectly competitive. This means that the price of broccoli is ________ than the price would be if the m
    14·1 answer
  • A company borrowed $10,000 from the bank at 5% interest. The loan has been outstanding for 45 days. Demonstrate the required adj
    6·1 answer
  • During the current year, Rayon Corporation disposed of two different assets. On January 1, prior to their disposal, the accounts
    8·1 answer
  • The Peach Corporation provides restricted stock to certain executives. Under the plan, the company granted 30 million shares on
    12·1 answer
  • Retained earnings is:_______.
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!