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:
Earth will complete more revolutions than Saturn.
Explanation:
It takes one year for the Earth to complete one revolution around the Sun. Our calendar is based on this fact, but some planets may finish one revolution around the Sun faster than us, while other planets will take more time to do it. For example, it takes Saturn 29 years to complete one revolution around the Sun, on the meantime, the Earth will have completed 29 revolutions.
Neptune is the planet that takes longer to complete one revolution around the Sun, approximately 164.79 years, while it takes only 88 days for Mercury to complete one revolution.
Answer:
$82.55
Explanation:
127 - (0.35 x 127) = $82.55
Answer: penis
Explanation: penis solves all