Bearboy1440 Bearboy1440
  • 16-01-2024
  • Business
contestada

A bank offers me 10% annual interest on an investment, but the inflation rate is 5%. What is the real interest rate?

a) 5%
b) 10%
c) 15%
d) 5.5%

Respuesta :

Otras preguntas

25 per cent of 600 is equal to 15 per cent of what number?
Describe how activity within the earth results in earthquakes
How did the rise of nationalism, as seen in the ideas of Sun Yat Sen, Mustafa Kemal Ataturk, and Mohandas Ghandi, help or hurt their respective nations
If Sean earns 8.50 per hour and made a total of 80.75 today,how many hours did he work?
what is another name for savanna biome
Where in a plant cell is a water molecule broken down to release oxygen gas, electrons, and hydrogen ions? A. In the inner matrix of the mitochondrion B. In the
what is a common noun for the proper noun Africa
If x is a real number such that x³ = 64, then x² + √x =?
What actions did japan take in an attempt to recover from the great depression?
If a rectangle measures 54 meters by 72 meters, what is the length, in meters, of the diagonal of the rectangle? Can someone explain this one?