We should not add we should subtract -2778
-23 over 5 ÷ 11 over 5
-23 × 5 over 5 × 5
-115 over 55
Therefore, your answer would be: -2 and 1 over 11
Answer:
The best option for him would be a real interest rate of 5%.
Step-by-step explanation:
The nominal interest rate is the one that represents the percentage of increase of the money that is in a certain investment, without discounting the depreciation due to inflation or the payment of taxes.
On the other hand, the real interest rate is the one that represents the real increase in the money invested, after discounting inflation and any taxes to be paid.
Therefore, the best option for Oscar would be to invest his $ 4,000 in a savings account with a real interest rate of 5% per year.
3 - 1/8a = 1/4
The goal is to isolate "a" and its coefficient to make the simplification process easier.
Start by subtracting 3 from both sides:
3 - 3 - 1/8a = 1/4 -3
-1/8a = 1/4 - 3
Next, multiply 3 by 4/4 to convert it into a fraction:
-1/8a = 1/4 - [3 • (4/4)]
-1/8a = 1/4 - 12/4
-1/8a = - 11/4
Multiply both sides by -8:
(-8) -1/8a = - 11/4 (-8)
a = 88/4 = 22
Therefore, a = 22.
