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
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Explica la pregunta mejor porfavor. No la entiendo
Answer:
The conclusion about p using an absolute value inequality is

Step-by-step explanation:
From the question we are told that
The sample proportion is 
The margin of error is 
The confidence interval is mathematically represented as

=> 
=> 
The answer is <span>$11.43
you type 63.50 into your calculator
then divide it by 100
the times it by 18
and you get 11.43
that is the answer</span>
The Fernandez family would have driven 208 miles in a rate of 4 hours.