Please help I need it ASAP x

what is the rate of inflation if a savings account has a nominal interest rate of 3% and a real interest rate of 1%

IgorLugansk [536]

Answer:

the rate of inflation is 2%.

Step-by-step explanation:

given:

Nominal interest rate =3%

Real interest rate=1%

To Find:

Rate of inflation=?

Solution:

Nominal interest rate:

Nominal interest rate refers to the interest rate before taking inflation into account.

Inflation rate:

The inflation rate is the percent increase or decrease in prices during a specified period. It's usually over a month or a year.

Real interest rate:

A real interest rate is an interest rate that has been adjusted to remove the effects of inflation to reflect the real cost of funds to the borrower and the real yield to the lender or to an investor.

Real interest rate ≈ nominal interest rate − inflation rate.

This can be re written as

inflation rate= Real interest rate - nominal interest rate

Substituting the values,

inflation interest = 1+3

inflation interest=4%

i hope this helpsss<3

:)

if u didnt undersstand make sure to tell me so i can try to say it again

7 0

2 years ago

Miss Osborne is standing next to a tree at high noon the tree cast a 44 foot shadow and miss Osborne cast a 4 foot shadow how ta

Gwar [14]

Answer:ok soooo I did this last year but I don’t remember anymore

Step-by-step explanation:

3 0

3 years ago

I need a real answer to this problem and if you can't answer then please don't answer this. Just give me the answer for the blan

Harlamova29_29 [7]

To divide the triangles into these regions, you should construct the <u>perpendicular bisector</u> of each segment.
These perpendicular bisectors intersect and divide each triangle into three regions.
The points in each region are those closest to the vertex in that <u>region</u>.

<h3>What is a triangle?</h3>

A triangle can be defined as a two-dimensional geometric shape that comprises three (3) sides, three (3) vertices and three (3) angles only.

<h3>What is a line segment?</h3>

A line segment can be defined as the part of a line in a geometric figure such as a triangle, circle, quadrilateral, etc., that is bounded by two (2) distinct points and it typically has a fixed length.

<h3>What is a perpendicular bisector?</h3>

A perpendicular bisector can be defined as a type of line that bisects (divides) a line segment exactly into two (2) halves and forms an angle of 90 degrees at the point of intersection.

In this scenario, we can reasonably infer that to divide the triangles into these regions, you should construct the <u>perpendicular bisector</u> of each segment. These perpendicular bisectors intersect and divide each triangle into three regions. The points in each region are those closest to the vertex in that <u>region</u>.

Read more on perpendicular bisectors here: brainly.com/question/27948960

#SPJ1

5 0

1 year ago

Can a ray have two in point

Burka [1]

No i ray cannot have two end points. A ray only has one line that keeps on going and the other side has a endpoint where it does not keep on going like a line.
Hope this helps. (:

5 0

3 years ago

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Sam is keeping track of the distances at a long jump competition. The jumper from East side High jumped 7.85 meters. The jumper

nataly862011 [7]

The answer is A)Eastside High

7 0

3 years ago

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