Answer:
Hi.
Step-by-step explanation:
Ask your teacher for help because your parents are paying the school fees. Feel free. If you want the answer still message back.
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
9514 1404 393
Answer:
- $137.90 more each month
- $246.00 less total interest
Step-by-step explanation:
The amortization formula is ...
A = P(r/12)/(1 -(1 +r/12)^(-12t))
for the monthly payment on principal P at annual rate r for t years. Here, we have P=3300, r = 0.14, and t=1, so the monthly payment is ...
A = $3300(0.14/12)/(1 -(1 +0.14/12)^-12) ≈ $296.30
The payment of $296.30 is ...
$295.30 -158.40 = $137.90 . . . more each month
The total amount paid is 12×$296.30 = $3555.60, so 255.60 in interest. This amount is ...
$501.60 -255.60 = $246.00 . . . less total interest
Answer:
Basically we need to add all of the inches
Step-by-step explanation:
so...
8 inch ( first day ) + 6 inch ( second day) + 9 inch ( third day )
add all those inches together what do you get?
23 inches in total. So altogether 23 inches of snow fell during the 3-day storm
Answer:
Step-by-step explanation:
The bases of a triangular prism are equilateral triangles, since they have equal sides: 5, 5, and 5
yes, since if all lateral faces are rectangles, rectangles are formed from 4 perpendicular segments, thus, if all edges of the lateral faces are perpendicular, then they are rectangles
