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:
2.25 pages per minute
Step-by-step explanation:
Step 1:
18 ÷ 8
Step 2:
2.25
Answer:
2.25 pages per minute
Hope This Helps :)
Answer:
the sequence is going up by 18
She has $9.90 saved, she needs $35.10 more to buy the gift
Answer:
$356.00
Step-by-step explanation:
If d represents the discounted price, and p is the original price, you have ...
d = p - 20% × p = p(1 -20%) = 0.80p
Then the original price is ...
p = d/0.80 . . . . . divide by the coefficient of p
p = $284.80/0.80 = $356.00
The price before the discount was $356.00.
