The answer would be a positive 15.1 or +15.1 because the positive number is greater than the negative which would make your answer positive, thats why you got it wrong :)
Answer:
Real rate of return = 1.5%
Step-by-step explanation:
Given:
Savings account return = 2.5%
Inflation rate = 1%
Find:
Real rate of return = ?
Computation:
⇒ Nominal rate of return = Real rate of return + Inflation rate
⇒ Real rate of return = Savings account return - Inflation rate
⇒ Real rate of return = 2.5% - 1%
⇒ Real rate of return = 1.5%
Answer:
Step-by-step explanation:
x^2
--------------------------------------------------
2x + 1 / 2x^3 - x^2 + x + 1
2x^3 + x^2
-----------------------
0 + x + 1
x + 1
The quotient is x^2 + ------------
2x + 1