Answer:
the rate of inflation is 2%.
Step-by-step explanation:
given:
Nominal interest rate =3%
Real interest rate=1%
To Find:
Rate of inflation=?
Solution:
Nominal interest rate:
Nominal interest rate refers to the interest rate before taking inflation into account.
Inflation rate:
The inflation rate is the percent increase or decrease in prices during a specified period. It's usually over a month or a year.
Real interest rate:
A real interest rate is an interest rate that has been adjusted to remove the effects of inflation to reflect the real cost of funds to the borrower and the real yield to the lender or to an investor.
Real interest rate ≈ nominal interest rate − inflation rate.
This can be re written as
inflation rate= Real interest rate - nominal interest rate
Substituting the values,
inflation interest = 1+3
inflation interest=4%
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Answer: A, -2 and 4
Step-by-step explanation: cause it it you’re welcome
If K is midpoint of JL then JK = 0.5JL
JL = 4x - 2; JK = 7
The equation:
0.5(4x - 2) = 7
2x - 1 = 7 |add 1 to both sides
2x = 8 |divide both sides by 2
<u>x = 4</u>
<u>JL</u> = 4(4) - 2 = 16 - 2 = <u>14</u>
<u>KL</u> = JK =<u> 7</u>
The amount of metal he will need to cover the back of the shelves is 180 inches².
The figure above is like a composite figure. Therefore, lets find the area.
<h3>Area of the composite figure</h3>
The area of the figure is the sum of the whole individual 2 dimensional shapes in the composite figure.
Therefore, two rectangles can be drawn from it.
area of rectangle = lw
where
l = length
w = width
Therefore,
area of rectangle 1 = 9 × 8 = 72 inches²
area of rectangle 2 = 6 × 18 = 108 inches²
Total area = 108 + 72 = 180 inches²
Therefore, the amount of metal he will need to cover the back of the shelves is 180 inches².
learn more on area here: brainly.com/question/25849553
Answer:
1/27+1/27
Step-by-step explanation:
