Answer:
nominal rate of interest is 31.7 %
Step-by-step explanation:
given data
payment = $1000
time = 2 year
rate = 4%
CPI = 100
CPI final yer = 127.7
to find out
nominal rate of interest
solution
we know nominal rate of interest formula that is
nominal rate of interest = real interest rate + inflation rate .........1
so here inflation rate is express as
inflation rate = ( CPI final year - CPI ) / CPI × 100 ...........2
put here value
inflation rate = ( 127.7 - 100 ) / 100 × 100
inflation rate is 27.7 %
so from equation 1
nominal rate of interest = real interest rate + inflation rate
nominal rate of interest = 4% + 27.7%
nominal rate of interest is 31.7 %
Answer:
Step-by-step explanation:
a³+b³=(a+b)(a²-ab+b²)
x³+216=x³+6³=(x+6)(x²-6x+6²)=(x+6)(x²-6x+36)
Answer:D
D
Step-by-step explanation:D
90% of 10 is 9 have a great day
