The real return is the difference between the nominal and actual rate of inflation. Therefore, the real return revived by Luigi will be 6%.
<u>Given</u><u> </u><u>the</u><u> </u><u>Parameters</u><u> </u><u>:</u>
- <em>Nominal rate = 7% </em>
- <em>Actual rate of inflation = 1%</em>
<em>Real return = Nominal rate - Actual rate of return </em>
Real Return = 7% - 1% = 6%
Therefore, the real return on Luigi's money would be 6%
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Answer:
C)Thirty percent
Explanation:
This question is about the article "Fad, fashion or classic? How to shop sensibly." Where the narrator states that a person's wardrobe must be in accordance with his daily life and the number of activities he does. In this article, Michael Kors states that a person's wardrobe must consist of 70% comfortable clothes and 30% fad clothes, however, this percentage must be adapted to the daily life of each person, always prioritizing the activities he does and the places who attends.
Sir Isaac Newton is buried at Westminster Abbey in London.
<u>Queen Elizabeth I</u> is most likely to also be buried there.
<h3>Who is
Sir Isaac Newton?</h3>
Isaac Newton, or Sir Isaac Newton, was an English physicist and mathematician who was the pinnacle of the Scientific Revolution of the 17th century. Newton was born in Woolsthorpe, Lincolnshire, England, on December 25, 1642 (or January 4, 1643, New Style), and died in London on March 20 [or March 31, 1727].
His understanding of the nature of white light in optics helped to incorporate the color-related phenomena into the study of light and laid the groundwork for contemporary physical optics. The law of universal gravitation was developed in mechanics as a result of his three laws of motion, which are the cornerstones of contemporary physics.
Learn more about Sir Isaac Newton
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