Answer:
W=50M
Step-by-step explanation:
Since there are 18 workers per 900 minerals, divide out to simplify.
STARTING EQUATION: 900m=18w
SIMPLIFY: divide both sides by 18.
SIMPLIFIED: 50m=1w
There is your answer!
1. Function
2. Not Function
487/67= 7.2686567
rounded= 7.269
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
