Answer:
7/10
Step-by-step explanation:
In 0.7 we will change the decimal to fraction. First we will write the decimal without the decimal point as the numerator. Now in the denominator, write 1 followed by one zeros as there are 1 digit in the decimal part of the decimal number. Therefore, we observe that 0.7 (decimal) is converted to 7/10 (fraction).
Answer:
the rate of inflation is 2%.
Step-by-step explanation:
given:
Nominal interest rate =3%
Real interest rate=1%
To Find:
Rate of inflation=?
Solution:
Nominal interest rate:
Nominal interest rate refers to the interest rate before taking inflation into account.
Inflation rate:
The inflation rate is the percent increase or decrease in prices during a specified period. It's usually over a month or a year.
Real interest rate:
A real interest rate is an interest rate that has been adjusted to remove the effects of inflation to reflect the real cost of funds to the borrower and the real yield to the lender or to an investor.
Real interest rate ≈ nominal interest rate − inflation rate.
This can be re written as
inflation rate= Real interest rate - nominal interest rate
Substituting the values,
inflation interest = 1+3
inflation interest=4%
i hope this helpsss<3
:)
if u didnt undersstand make sure to tell me so i can try to say it again
Answer:
C im pretty sure
Step-by-step explanation:
Because the square taken out has a 4x4 area which is 16 and the area of the whole square used to be 14x14 which is 196 and if u subtract 16 from that you get 180
