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
Answer:
the sum of John's score and Kamira's score
Step-by-step explanation:
-5 + 7 = 2
Answer:
The perimeter of △HFM is 50.75 units
Step-by-step explanation:
<u><em>The correct picture of the question in the attached figure</em></u>
we know that
If two figures are similar, then the ratio of its corresponding sides is proportional, and this ratio is called the scale factor
we have
△HFM∼△PST ----> given problem
step 1
Find the scale factor
Let
z ----> the scale factor

substitute the given values

step 2
Find the perimeter of triangle PST
Remember that the perimeter of a triangle is the sum of its three length sides

step 3
Find the perimeter of triangle HFM
we know that
If two figures are similar, then the ratio of its perimeters is equal to the scale factor
so
The perimeter of triangle HFM is equal to the perimeter of triangle PST multiplied by the scale factor
so

Answer:
D
Step-by-step explanation: