All categories

3 years ago

What is the rate of inflation if an account has a nominal interest rate of 4.2% and a real interest rate of 2.8%

Mathematics

1 answer:

kirza4 [7]3 years ago

8 0

Answer:

Rate of inflation = 1.4%

Step-by-step explanation:

Given:

Nominal interest rate = 4.2%

Real interest rate = 2.8%

Find:

Rate of inflation

Computation:

Rate of inflation = Nominal interest rate - Real interest rate

Rate of inflation = 4.2% - 2.8%

Rate of inflation = 1.4%

You might be interested in

Evaluate the expression for x = 5, y = 3, and z = 14. 5x−6y+20z4yz

Darya [45]

Answer:

5(5)-6(3)+20(14)4(3)(14)

25-18+47040

7+47040= 47047

8 0

3 years ago

Read 2 more answers

Does anyone need help on anything

Blizzard [7]

Answer:

yus can you answer this for me

Step-by-step explanation:

6 0

3 years ago

Read 2 more answers

For f(x)=1/x^2-3, find a) f(3) b) f(2+h) Show/explain work

valentina_108 [34]

$f(x)=\dfrac{1}{x^2-3}\\\\a)\ f(3)\to\text{put x=3 to the equation of the function f}\\\\f(3)=\dfrac{1}{3^2-3}=\dfrac{1}{9-3}=\dfrac{1}{6}\\\\Answer:\ \boxed{f(3)=\dfrac{1}{6}}\\\\b)\ f(2+h)\to\text{put x=2+h to the equation of a function f}\\\\f(2+h)=\dfrac{1}{(2+h)^2-3}\ \ \ |\text{use}\ (a+b)^2=a^2+2ab+b^2\\\\=\dfrac{1}{2^2+2(2)(h)+h^2-3}=\dfrac{1}{4+4h+h^2-3}=\dfrac{1}{h^2+4h+1}\\\\Answer:\ \boxed{f(2+h)=\dfrac{1}{h^2+4h+1}}$

6 0

3 years ago

Please answer this question!!

n200080 [17]

B. 273.18 is the correct answer I think.

6 0

3 years ago

(9.2 x 102) x (7.1 x 104)

gulaghasi [49]

Answer:

692914.56

Step-by-step explanation:

(9.2 x 102)

= 938.4

(7.1 x 104)

= 738.4

938.4 x 738.4

692914.56

8 0

3 years ago

Read 2 more answers