Answer:
The correct option is c.)
Step-by-step explanation:
If someone says that an investment had a rate of return of 10% It matters if the person means a nominal rate of return or a real rate of return because real rates take inflation into account. Nominal rates are not adjusted for inflation. Nominal rates of return usually appear to be higher than the real rates of return.
Therefore the correct option is c.)
Answer:
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Step-by-step explanation:
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Answer:
the second one
Step-by-step explanation:
Answer:
Laura is 8
Step-by-step explanation:
let Laura's age now be x then Daniel's age is 2x
4years ago
Laura was x - 4 and Daniel 2x - 4, thus
2x - 4 = 3(x - 4) ← 3 times Laura's age
2x - 4 = 3x - 12 ( subtract 2x from both sides )
- 4 = x - 12 ( add 12 to both sides )
8 = x
Thus Laura is 8 years old
