1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anuta_ua [19.1K]
3 years ago
11

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
Find the distance between the points C(−6, 5)<br> and D(−3, 1)<br> .
Vlad [161]
D(-3,1) is the right answer
8 0
3 years ago
Read 2 more answers
The area of a bulletin board is 55 ft2. The length is nine feet less than four times the width. Find the length and the width, i
galben [10]

Answer:

The length and width are 11ft and 5ft respectively

Step-by-step explanation:

let the

length = L

Width = W

Area = LW = 55

The length is nine feet less than four times the width

L = 4W - 9

W (4W - 9) = 55

4W^2 - 9W -55 = 0

4W^2 - 20W + 11W - 55 = 0

4W(W - 5) + 11(W - 5) = 0

(W - 5)(4W + 11) = 0

W - 5 = 0 , 4W + 11=0

W = 5 or  - 11/4

since the width cannot be negative, W = 5

LW = 55

L = 55/5

L = 11

The length and width are 11ft and 5ft respectively.

7 0
3 years ago
In the diagram below, AC is perpendicular to BD. Find the value of N.
timurjin [86]
Hi there!

In order to find the value of N, we'll need to set the value of the angle containing the variable n equal to 90. This is because in perpendicular lines, all angles are equal to 90.

WORK:
5n - 25 = 90
5n = 115
n = 23
8 0
3 years ago
Victor bought a new soccer ball. The original price was $29.99, but the ball was on sale for 15%
enot [183]

Step-by-step explanation:

100-15=85%

85% × 29.99

=$25.49

7 0
3 years ago
Pllllllzzzzzzzzz help me
Fed [463]

Answer:

for the first one he will get $51

the second one is £2.70

Step-by-step explanation:

8 0
3 years ago
Other questions:
  • Which rule explains why these triangles are similar
    5·1 answer
  • If 48 of the 60 seat on a bus were occupied what percent of the seats were not occupied?
    5·1 answer
  • Five more than the quotient of a number and three​
    8·1 answer
  • Question 9 and 10 in picture, help please
    15·1 answer
  • The area of a rectangle is 4y + 10.
    10·1 answer
  • What is the answer X + 2x when x = 2/3
    12·2 answers
  • Write a solution to the equation x? = 75 two<br> ways:<br> using exponents<br> using radicals
    12·1 answer
  • Line p is parallel to line q. Which proof explains why the sun of the interior angles of the triangle must be 180
    13·1 answer
  • Which expression is equivalent to 3x(bx+10−(x2−5x+c)
    12·1 answer
  • What is the spatial relationship between a rectangle and a parallelogram?
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!