Answer:
1
Step-by-step explanation:
.75-.25 is .5
1/2 is equal to .5 so .5 +.5 is 1
Answer: C. -4 percent
Step-by-step explanation:
<u>Nominal interest rate</u> is the interest rate before taking inflation into account.
<u>Real interest rate</u> takes the inflation rate into account.
The equation that links all three values is
nominal rate - inflation rate = real rate
6 - 10 = -4
-4 percent
Answer:
$1,075
Step-by-step explanation:
Simple Intereat Formula:
A = P(1+rt)
where A is the final amount,
P is the principal(original amount invested)
r = annual interest rate
t = time in years
Given P = 1000
r = 2.5/100
t = 3 (Beginning of 4th year means the 4th year is not counted)
A = 1000(1+(0.025)(3))
= 1000(1.075)
=$1,075
You would need to know more than that to answer the question
