Answer: 0.47
Step-by-step explanation:
0.47% = 0.0047 in decimal form. Percent means 'per 57'. So, 67Inches means 0.47 per 100 or simply 0.47/100. If you divide 0.47 by 100, you'll get 0.0047 (a decimal number).
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Step-by-step explanation:
Look at the photo below for the answer.
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The correct answer is 13,728
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Answer:
The best option for him would be a real interest rate of 5%.
Step-by-step explanation:
The nominal interest rate is the one that represents the percentage of increase of the money that is in a certain investment, without discounting the depreciation due to inflation or the payment of taxes.
On the other hand, the real interest rate is the one that represents the real increase in the money invested, after discounting inflation and any taxes to be paid.
Therefore, the best option for Oscar would be to invest his $ 4,000 in a savings account with a real interest rate of 5% per year.