Answer:
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Step-by-step explanation:
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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:

Step-by-step explanation:
Look at the picture.
ΔADC and ΔCDB are similar. Therefore the sides are in proportion:

We have

Substitute:
<em>cross multiply</em>


For x use the Pythagorean theorem:

It is the Pareto Graph. It is a bar graph in which bars are arranged in frequency order. Pareto graph is the combination of bar and line graph that displays the data in a descending order. It has an 80/20 rule.
Answer:
$13.60 for tip
$81.59 for total meal cost
Step-by-step explanation:
Meal = $67.99
tip is 20% so 0.20
67.99*0.20=13.60 tip