Answer:
2.1276%
Explanation:
1.056/1.034 -1 = 0,021276595744681 rounding to 4 decimal places:
2.1277%
<u>The reasoning behind this formula is the following:</u>
there is a rate that generate the combine effect of the nominal and the inflation rate
Principal (1+real rate) = Principal x (1+nominal) / (1+ inflation)
removing the principal for clearence:
1+real rate =(1+nominal) x (1+ inflation)
real rate = (1+nominal) x (1+ inflation) - 1
The quotes are:
"And by virtue of the power, and for the purpose aforesaid, I do order and declare that all persons held as slaves within said designated States, and parts of States, are, and henceforward shall be free"
"The right of citizens of the United States to vote shall not be denied or abridged by the United States or by any State on account of sex."
<span>"Fourscore and seven years ago our fathers brought forth upon this continent a new nation, conceived in liberty, and dedicated to the proposition that all men are created equal..."
</span>
All of these right was carefully drafted under the constitution as basic human rights. Every legal citizens that're born in united states were automatically granted these rights ever since we're born, and no Government officals had the right to overrule it no matter how high their position might be
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