samdoesmath9826 samdoesmath9826

24-01-2022
Business

contestada

The nominal interest rate is 6 percent and the inflation rate is 3 percent. What is the real interest rate

Respuesta :

vortexdevity vortexdevity

24-01-2022

Answer:

3%

Explanation:

real interest rate ≈ nomial interest rate - inflation

ratereal interest rate ≈ 6 - 3 ≈ 3%

Please mark as brainliest if you find this useful, I need it to rank up

Answer Link

Otras preguntas

what is a common denominator for 3 and 26. Thanks for the help. 6th grade math.

A tank was 1/3 full of water. After 2950 ml of water were added, the tank was 3/4 full. Find the capacity of the tank in litres?

Which words in the sentence are the complete adjective clause? Ask him to tell the story, which is about wild ponies. a. ask him b. which is about wild ponies

Throughout much of the nineteenth century, Westerners’ concept of the universe was based on the ideas of Isaac Newton. a. True b. False

Which of the following statements about Hinduism is not true? A.Many Hindu families keep images of their personally chosen deities in shrines at home. B.H

The sandbox at the playground is 2 ft tall. The area of the base of the sandbox is 80 square feet. How much sand does it take to fill the sandbox?

If a 860. ml of linseed oil has a mass of 680 g, what is the density of the oil

You're on fire! What nationality is Daniel Radcliffe? 1=German 2=American 3=British

Why was Tetris so popular? Provide at least 2 or 3 examples.

Sometimes my pulse beat so quickly and hardly that I felt the palpitation of every artery; at others, I nearly sank to the ground through languor and extreme we