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 formula to get the area of a circle is: A = πr²
y=2
Step-by-step explanation:
Make an equation of straight line by using the formula :y= mx+c
put the x-value of point (2,4) which is 2 and the gradient,m which is 2 into the straight line equation:
y=2x +c
So you need to find the y-intercept to complete the equation, therefore:
when y=0,
0=2(2)+c
c=-4
next the question ask to find the y-coordinate when x =3, therefore you just need to replace x in the equation with 3:
y=2(3)-4
y=4
Answer:
It Mike who ate the most pizza
Step-by-step explanation:
GCF 32 24 40
^ ^ ^
2 16 2 12 2 20
^ ^ ^
2 8 2 6 2 10
^ ^ ^
2 4 2 3 2 5
^
2 2
(2) (2 & 3) (2 & 5)
