Answer:
Real rate of return = 1.5%
Step-by-step explanation:
Given:
Savings account return = 2.5%
Inflation rate = 1%
Find:
Real rate of return = ?
Computation:
⇒ Nominal rate of return = Real rate of return + Inflation rate
⇒ Real rate of return = Savings account return - Inflation rate
⇒ Real rate of return = 2.5% - 1%
⇒ Real rate of return = 1.5%
Answer: 1.875 is a rational number because it can be represented as a ratio or a fraction.
3,000,000,000+2,000,000+40,000+2,000+70*+60+5
Answer:
Here is a graph of that equation.
Let me know if you need more help! :)
The answer is ERROR i tried it by hand and by calculator and both answers ended up as ERROR
