12% would be bigger because it is a whole number other then the fraction.
Answer:
34x + 45y = 192.25
47x + 16y = 208
Step-by-step explanation:
Let x stand for peaches.
Let y stand for grapes.
Since we know that yesterday he sold 35 pounds of peaches ( x ) and 45 pounds of grapes ( y ) for $192.25, we can create an equation to represent this using two variables; peaches and grapes.
We can do the same thing with the amount of peaches and grapes he sold today. Once we make this equation, we will have two equations to make the system of equations to solve for x and y.
If you just type that exact equation into a calculator it gives you the same answer as well
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
