Here is the complete question
A nominal interest rate of 5%
A real interest rate of 5%
A real interest rate of 3%
A nominal interest rate of 3%
Answer:
A real interest rate of 5%
Step-by-step explanation:
A real interest rate of 5% is the best option for oscar. The nominal rate of interest is a type of interest rate that shows the increase in in percentage of money without the depreciation discount that is usually caused by inflation or the payment of tax.
The real rate of interest shows the real increase in the money that has been paid for an investment. This is after inflation has been discounted and all forms of taxes have been paid.
So oscar should invest his $4000 on a savings account whose real interest rate is 5% per year
The answer is an intersect between both lines.
To find A' they used the rule of multiplication, which is:
the derivative of a product of two terms is the first term times the derivative of the second term plus the second term times the derivative of the first.
To find b' they just isolated b'
Answer:
what's likely is times or Addition less like likely is subtraction or rounding
