Answer:
option B
Step-by-step explanation:
given,
3-month T-bill currently yields = 3%
customer price have been rising = 2% rate
Ai Lun's estimate of the real rate = ?
real rate return
= 
= 
= 
= 
= 0.0098
= 0.98 % ≅ 1 %
hence, the correct answer is option B
Answer:
a values of r and a that the answer
It's actually easier than it seems. if the tax is paid in equal payments every month and the total throughout a year (12 months) is $2,820, you have to find out how much they pay every month
so divide the total by the number of months
2,820/12=235
they pay $235 in taxes every month
to find out the total of the taxes and the house payment, just add the monthly tax and the monthly house payment.
235+752
and your answer is the sum
Y = kx is the direct variation equation with k being the "constant of variation"
The constant here being the conversion decimal .91
y = 0.91x
