I’m most sure that the answer is A.
The nominal value - without discounting the inflation rate - of income was $ 3000.
If the interest rate was 6%, a rule of three is enough to find the value of the original investment.
3000 - 6%
x - 100%
x = 50,000
The value of the investment was $ 50,000
In this case, the inflation rate also requires a simple calculation.
Inflation corroded $ 1000 dollars of income of $ 3000
Therefore the inflation rate will be 1000/3000 = 33.3%
Answer:
120
Step-by-step explanation:
0.12 × 1000 = 120
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The amount of commission is the product of the commission rate and the amount on which commission is paid.
It’s going to be 195 because if you add 55 to 195 it’s going to equal 250
Answer:
3 eighths are needes to make up the rest of the measure.
Step-by-step explanation:
1/4 + 1/4 + 1/ 8 + x = 1
2/4 + 1/8+x=1
4/8 + 1/8+x=1
5/8 + x=1
x=1 - 5/8
x=3/8
We need three eights.(Because 3/8=1/8+1/8+1/8 and 1/8 represents an eights)
