Answer:
The question is:
The following function, L, gives the approximate percent literacy rate in India t years after 1900.
L(t)=5.3 x 1.025^t
Which of the following equivalent functions shows, as a constant or coefficient, the approximate number of years it took for the literacy rate to triple?
(a) L(t)=5.3 x 3^t/44.5
(b) L(t)=5.3 x 1.077^t/3
(c) L(t)=5.3 x 1.008^3t
(d) L(t)=3 x 1.025^t+23
Explanation:
Poem and the essay of what?
The real return is the difference between the nominal and actual rate of inflation. Therefore, the real return revived by Luigi will be 6%.
<u>Given</u><u> </u><u>the</u><u> </u><u>Parameters</u><u> </u><u>:</u>
- <em>Nominal rate = 7% </em>
- <em>Actual rate of inflation = 1%</em>
<em>Real return = Nominal rate - Actual rate of return </em>
Real Return = 7% - 1% = 6%
Therefore, the real return on Luigi's money would be 6%
Learn more : brainly.com/question/18801159
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