Answer:
Step-by-step explanation:
amount after 2 years = 6000(1 + (0.04/12))^24 = 6498.86
Answer:
The answer is 62.8
Step-by-step explanation:
C=2(3.14)(r)
c=6.28(10)
c=62.8
Answer:
1/4
Step-by-step explanation:
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.)
