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3 years ago

what is the rate of inflation if a savings account has a nominal interest rate of 3% and a real interest rate of 1%

Mathematics

1 answer:

IgorLugansk [536]3 years ago

7 0

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

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The quotient of this division is $(4x^2 -12x + 38)$ . The remainder here would be $-26$ .

Step-by-step explanation:

The numerator $4x^3 + 2x + 7$ is a polynomial about $x$ with degree $3$ .

The divisor $x + 3$ is a polynomial, also about $x$ , but with degree $1$ .

By the division algorithm, the quotient should be of degree $3 - 1 = 2$ , while the remainder shall be of degree $1 - 1 = 0$ (i.e., the remainder would be a constant.) Let the quotient be $a\,x^2 + b\, x + c$ with coefficients $a$ , $b$ , and $c$ .

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Start by finding the first coefficient of the quotient.

The degree-three term on the left-hand side is $4 x^3$ . On the right-hand side, that would be $a\, x^3$ . Hence $a = 4$ .

Now, given that $a = 4$ , rewrite the right-hand side:

$\begin{aligned}&\left(4\,x^2 + b\, x + c\right)(x + 3) \cr =& \left(4x^2 + (b\, x + c)\right)(x + 3) \cr =& 4x^2(x + 3) + (bx + c)(x + 3) \cr =& 4x^3 + 12x^2 + (bx + c)(x + 3)\end{aligned}$ .

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Subtract $-12x^2 -36x$ from both sides of the equation:

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3 years ago

Solve: 2/3x+15=17 3x+8-x=7 4(2x-6)=2

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Answer:

x = 3

x = (-1)/2

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Step-by-step explanation:

Solve for x:

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Put each term in (2 x)/3 + 15 over the common denominator 3: (2 x)/3 + 15 = (2 x)/3 + 45/3:

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2 x + 45 = 3×17

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45 - 45 = 0:

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______________________________________________________

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Divide both sides of 4 (2 x - 6) = 2 by 4:

(4 (2 x - 6))/4 = 2/4

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2 x - 6 = 2/4

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2 x - 6 = 1/2

Add 6 to both sides:

2 x + (6 - 6) = 1/2 + 6

6 - 6 = 0:

2 x = 1/2 + 6

Put 1/2 + 6 over the common denominator 2. 1/2 + 6 = 1/2 + (2×6)/2:

2 x = 1/2 + (2×6)/2

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2 x = (1 + 12)/2

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