Science

Math

Humanities

... and beyond

Socratic Meta
Featured Answers

Topics

Given real rate of interest #4%# and expected inflation rate #7%#, what is nominal rate of interest?

1 Answer

Shwetank Mauria

Jan 28, 2018

Nominal rate of interest is real rate plus expected inflation rate. Hence, nominal rate of interest is #4%+7%=11%#.

Related questions

What is the linear regression line?
How do you determine if the following data set is linear or quadratic: (-4,10), (-3,7), (-2,4),...
How do you know if the following data set is exponential: (0,120), (1, 180), (2, 270), (3, 405)?
How do you use the graphing calculator to find the linear regression line?
How do you find the best function that models: (-3, 14), (-2, 4), (-1, -2), (0, -4), (1, -2)?
If the same amount is added to one dimensions and removed from the other, the resulting...
A child care center has 440 feet of fencing to enclose two adjacent rectangular safe play areas....
How do you write the quadratic equation of the graph with the given points (-3, 4), (1,0), and (-1,-2)?
A painter is making a rectangular canvas for her next painting. She wants the legnth of the...
Is #f(x)= 3x^2# an exponential function?

See all questions in Linear, Exponential, and Quadratic Models

Impact of this question

3154 views around the world

You can reuse this answer
Creative Commons License