Suppose Frankie is a consumer in the simple economy from questions 1 and 2. He has sent you an email with some
account options that he's considering for saving his money. He knows the nominal interest rates for the accounts and
wants to make sure he understands what his real return will be, considering the inflation rate calculated from question 2.
Which phrase in Frankie's email incorrectly identifies the real rate of return?
Select the correct text in the passage.
Hey! I was wondering if you could look over these options for me. I'm looking at a savings account at Chapman
Bank with a nominal interest rate of 2%, so my real interest rate will be negative. Bank StarOne offers an
account with a stated interest rate of 3%, so my real return will be 5.22%. I'm also looking at a couple of options
at a credit union: one with a nominal rate of 3% (so the real rate is 0.78%) and one that states a rate of 4% (a
real rate of 1.78%).
What do you think of these? Let me know your thoughts.

Answers

Answer 1

Answer: I think that all of these are valid and sufficiently considered offers in my opinion. Nothing out of the sort.

Explanation: Hope this helped! Have a STUPENDOUS day! <3

Answer 2

Answer: my real return will be 5.22%

Explanation: The nominal rate of return is the stated interest rate on an account. The real rate of return describes the actual return after inflation is considered.

The relationship between the nominal rate of return and the real rate of return is shown by this equation:

real interest rate = nominal interest rate − rate of inflation.

From questions 1 and 2, we know that this simple economy has an inflation rate of 2.22%.

The account at Bank StarOne has a stated, or nominal, interest rate of 3%. So, this would be the real rate of return:

3% − 2.22% = 0.78%.

Frankie incorrectly identifies the real return on this account as 5.22% because he added the inflation rate instead of subtracting it.

Hope this helped! :)


Related Questions

Helppppp
During which stage of the tempering process is couverture heated on a direct heat source?


Melting


Tempering


Rewarming


None of the above.

Answers

Answer:

None of the above

How is public enterprises created​

Answers

The public enterprises came into existence as a result of the expanding scope of public administration. The advent of the concept of welfare state after the Second World War and the increasing developmental initiative undertaken by Government across the world, the system of public enterprises was developed.
Pls give brianliest

argumentative essay about is competition really good

Answers

The above question wants to analyze your writing and argumentation skills. For that reason, it's not right for me to write the essay for you, but I'll show you how to write it.

An argumentative essay is one where you express your opinion. However, this opinion must be confirmed by data and textual evidence.

Therefore, to form your arguments, you should research what competition is and the effects it has on people's lives.

After that, you can write your essay as follows:

Introduction: Introduce the subject of your essay. Then show your thesis statement, which is your main argument.

Body: Write at least two paragraphs. In the first one, you will support your thesis statement by showing supplemental arguments and evidence. In the second, you will show an argument contrary to yours and show evidence to prove that argument is incorrect.

Conclusion: Summarize all the information you provided, reinforce your thesis statement, and share your final thoughts on the subject.

More information about the argumentative essay at the link:

https://brainly.com/question/10439819

How can one person's view of the world affect others?

Answers

Answer:

When one person influences a few others, there are two major effects: A ripple effect that, over time, can actually impact thousands over generations. A broadening effect since one person influences many, like multiplying tree branches.

Explanation:

Answer:

One's persons view of the world could affect other's by having different opinions. Let's say that you take a really positive person versus a negative person... They're obviously going to think differently but if that positive person could have a good impact on the negative person these are some ways they could do that... Helping them in their time of need, spending quality time, and instead of them looking for problems they look for success. Those are some ways they could impact the negative persons life.

Explanation:

Sorry if this doesn't answer your question fully I tried. (:

In the short story "The Palace Thief", Sedgwick is caught cheating
in both the first and second Mr. Julius Caesar competition. (True or
False)

Answers

I don’t think that’s true so false i think

?
Which sentence has a neutral connotation?
w
A. I could hear Stephanie strumming the guitar in the hall.
B. I could hear Stephanie playing the guitar in the hall.
C. I could hear Stephanie plunking the guitar in the hall.
D. I could hear Stephanie twanging the guitar in the hall.​

Answers

Answer:

if I am not wrong the right anwser is anwser 2

the answer to the question is b

Carmen is planning rail lines for a new train station.

Answers

Answer:

umm ;-; Ok any other information?? ur question is very incomplete...

Explanation:

Answer:

m<1 =163 degrees

163,17,163,17 (all in degrees)

163,17,163,17  (all in degrees)

Explanation:

I have duplicated and joined a chart (in figure 1) of the issue.  

For simplicity of comprehension, I have connected a second outline which is named.  

On line a  

17+<CBE=180 (Linear Pair Postulate)  

m<2=<CBE=180-17=163 degrees  

<ABG=<CBE=163 degrees (Vertically Opposite Angles)  

<ABE=<GBC= 17 degrees(Vertically Opposite Angles)  

On line b  

m<1=<DEB=<ABG=163 degrees (Corresponding Angles)  

<BEF=<GBC= 17 degrees (Corresponding Angles)  

<HEF=<DEB=163 degrees (Vertically Opposite Angles)  

<DEH=<BEF=17 degrees (Vertically Opposite Angles)  

Accordingly:  

m<1 =163 degrees  

Clockwise from upper left, the points shaped with line an are: 163 degrees, 17 degrees, m<2=163 degrees and 17 degrees.  

Clockwise from upper left, the points shaped with line b are: m<1=163 degrees, 17 degrees, 163 degrees, and 17 degrees.

Correct the following sentence:
Herself and her people were the working classes, comprised of both men and women.

Answers

Her people and herself were the working classes, comprised of both men and women.

2. King of Rock n' Roll
3. Popular variety television program
4. Many people began watching movies at
15. Popular teen actor who died in a car a
6. Popular actress on the big screen
7. Children's television program in the fifti

Answers

Answer:

elvis presley

Saturday Night Live

five?

James Dean

Marilyn Monroe

The Mickey Mouse Club

Explanation:

is this for a crossword?

Elvis PresleyChernobyl1960sJames DeanMarilyn MonroeThe Mickey Mouse Club

which statement does not describe a characteristic of a good outline? CA It supports the thesis. OB. It establishes the order and relationship of the main points. OC It details differences between the major and minor points. OD. it indicates the number of paragraphs needed for each section.​

Answers

Answer:

OD. it indicates the number of paragraphs needed for each section.

Explanation:

The word "outline" refers to the summary of the whole text/ paper. In other words, the outline means the summarized version of the text, including the main important points.

A good outline is supportive of the thesis and also establishes the order and the relationship of the main points. It may contain the differences between the major and minor points but everything is connected and important for the paper. But one characteristic of a good outline that is wrong from the given options is that an outline does not include the number of paragraphs required for each section. This wholly depends on the author.

Thus, the correct answer is option D.

she____to cook anything because they ______ eat out.

A)shouldn't / want to
B)doesn't have / are going to
C)mustn't / will
D)hasn't / will​

Answers

B. Doesn’t have / are going to

Read the following text from a student essay. How can the writer best improve his or her organization? Competition can add a great deal of stress to students' lives. Like it or not, it's a part of classrooms, sports, and other after-school activities. For one, it can motivate students to work harder to achieve their goals. When students are challenged to strive for excellence, they often accomplish much more than what they may have initially expected. Also, even when students don't win at something, they still learn a valuable lesson: how to be a good sport about losing. However, even though it can be stressful, there are several reasons why students benefit from a little friendly competition.

A.by moving the last sentence closer to the beginning


B. removing the last sentence Submit​

Answers

Answer:

a. by moving the last sentence closer to the beginning

outline the four steps to be considered in making career decisions​

Answers

Answer:

Personality. One of the most valuable things to consider is the nature of your personality and the level of satisfaction that you would like to achieve from your work. ...

Lifestyle. It's important to strike a balance between what you need and what you want. ...

Transferrable Skills. ...

A New Path

The four steps to be considered in making career decisions​ are:

PersonalityLifestyleSkillsWork Ethic

What is a Career Decision?

This refers to the choices which a person makes when he wants to decide on a career and this depends on his personal skills mostly.

With this in mind, we can see that when making a career decision, there are some important things to be considered such as the personality, personal skills, work ethic, etc.

Read more about career decisions here:

https://brainly.com/question/2014737

Find the erros in below passage.

Jerry was recently informed of an upcoming test in statistics, which is a required portion of his 1) Ph.D. curriculum although hearing about the upcoming test, Jerry has acted 2) passionate and uninterested in social activities. This behavior is an aberration for 3) him, he is normally quite gregarious and ebullient. 4) All his friends concur that his recent behavior has some 5) correlation with the exam. Everybody has tried to evoke some of his normal 6) despair, but to no avail. His behavior is very disconcerting. 7) They seem that efforts to bring out his usual exuberance only exacerbate his malaise. I believe the only antidote to 8) Jerrys uncharacteristic behavior to be unmitigated success on his statistics exam.

Answers

Answer:

Explanation:

Bbbbbbbbbbbbbbbbbbbnxbgrhfbhvbjf hbjdidvfbhefijefvjiefjiefjjfejje&ijnji

After correction of the errors, the passage will be as follows:

Jerry was recently informed of an upcoming test in statistics, which is a required portion of his 1) Ph.D. curriculum since hearing about the upcoming test, Jerry has acted 2) dissociated and uninterested in social activities. This behavior is an aberration for 3) him, he is normally quite gregarious and ebullient. 4) All of his friends concur that his recent behavior has some 5) correlation with the exam. Everybody has tried to evoke some of his normal 6) despair, but to no avail. His behavior is very disconcerting. 7) it seems that efforts to bring out his usual exuberance only exacerbate his malaise. I believe the only antidote to 8) Jerry's uncharacteristic behavior to be unmitigated success on his statistics exam.

What is Editing ?

The act of editing involves revising written content in a grammatically accurate manner by condensing, correcting, or otherwise altering it before it is published. Editing is the process of revising the content, structure, grammar, and appearance of a written work.

Editing is done to make sure that your thoughts are presented to the audience as accurately but without errors as possible so that no one learns anything away that is incorrect.

What are statistics?

The process or science of gathering and analyzing huge amounts of numeric data is known as statistics. The main goal of statistics is to deduce proportions in the entire population from those found in a sample group.

It is usually practical to start with such a population or a statistical model to be researched when applying stats to an academic, economic, or societal issue.

To learn more about statistics here,

https://brainly.com/question/8058700

#SPJ2

Who was Catherine?
a white girl who helped slaves escape
Harriet's sister who died
a girl caught while trying to escape
a girl dressed up as a boy
(Harriet Tubman)

Answers

Answer: harriets sister who died

Explanation: sorry I don’t really know the story..

In a story containing the following points, which would likely occur LAST?
A) Franklin was excited about his upcoming hicking trip.
B) The night before the trip, Franklin could barely sleep.
C) On the day of Franklin's hike, the sunny weather was perfect.
D) Franklin went to the outdoor sportsstore to buy new hiking boots.

Answers

Answer:

C

Explanation:

Pretty sure it's C, bc d and b talk about the day before and same thing goes for A.

Listen to electra descending by Christian death . Thank me later

Answers

Answer:

okay will do

Explanation:

Answer:

XD THX

Explanation:

what festival were the people going to celebrate (English ncert cbse board moments) chapter 1​

Answers

Answer: (b) The festival of Spring.

Explanation:

This question is based on chapter 1 of the book, "The Lost Child'' about a boy who went to a festival with his parents and kept getting distracted by the many sights and goods on offer in the festival till he eventually lost his parents and began to cry for them.

The festival they had gone for was the Festival of Spring to celebrate the advent of spring and the beautiful vegetation that came with it.

How does Morrie know his health is failing?
A: he sees how far he can walk
B: he sees how much he can eat
C: he times how long he exhales
D: he can no longer talk to Mitch

Answers

B I think is the answer

how a positive personal life style plan may promote meaningfulness of life

Answers

Answer: We are all subjective beings. What makes us happy and content is based on where we live, the opportunities afforded us, and how we live within that environment. For myself, I discovered world travel when I was enlisted in the US Air Force, and was stationed in Morocco for one year. From there, I was able to visit, Marrakech, Casablanca, Tangiers, Madrid, Paris and London. That’s when my passion for world travel was born, and have since traveled to all seven continents and over 100 countries. I made friends in many countries, including Russia, Bhutan, Germany, France, England, Cuba, Mexico, Canada, Singapore, and all across the USA. My sister tells me, I have been blessed. I took her on a trip to Egypt and Jordan many decades ago.

Explanation: hopes this helps

This question is based on the story or article on " Love is a Fallacy"

1. How did the modern setting/context of the video clarify or help you to
better understand both the fallacies and the humor of the original story?

2. How did the modern setting/context of the video make apparent any
disturbing or socially unacceptable aspects of the original story?

3. What are two different fallacies unknowingly spoken by the protagonist
either in the story or in the film PRIOR to his last date with Polly that you
noticed? What is the fallacy called, and how do you know that what he
said is indeed this fallacy?

90 point for anyone to answer asap pls

Answers

The question wont load

Based on the excerpt above, which of the following statemWhich of the following is most likely the reason an author would choose to use a flashback in a mystery novel? A. to intentionally mislead the reader B. to help build suspense C. to provide relevant background information D. to show how two characters are alikeents is FALSE? A. The use of the words “terror” and “horrors” suggests we are reading a suspense story. B. It is likely that the hero of this story will become a detective or private investigator. C. The wind, darkness, and rain contrasted with the innocent behaviors of the child create an unsettling mood for the reader. D. The “horrors” the author describes are not clearly identified.

Answers

Answer:

C provide background information

in the book "Anne of green gables"
Why does Marilla not like Mrs. Blewett?

A. Mrs. Blewett has too many children

B. Mrs. Blewett is unkind to her workers.

C. Mrs. Blewett's children misbehave

D. Mrs. Blewett speaks unkindly to Anne

Answers

it’s B; Mrs. blewett is unkind to her workers.

Write about your primary and secondary education ?

Answers

Answer:

it was very traumatic, but i enjoyed it.

Explanation:

my primary education was fun, and playful because i wasn’t that stressed about school, my secondary education was the opposite, but i’m learning to enjoy it more and manage my time.

The purpose of Citric Acid in the Mango and Raspberry Pate de fruit is to activate the Pectin.

True

False

Answers

true , I am pretty sure

A _____ is where most of the material is taught. It is not a scored activity.

Answers

Answer:

Pratice? I think

Which sentence uses the underlined
vocabulary word incorrectly?
A. Our math teacher gave us a copious amount of
homework just before the weekend.
B. Ellen passed the test because she had a quick
countenance.
C. The amount of coughing in the classroom soon
made the air pestilential.

Answers

Answer:

B

Explanation:

Answer:

I think B

Explanation:

Copious means a lot, pestilential means contagious, and countenance means someone's face. Can you pass a test by making a face?

l am _____for feeding the cat and my brother_____ the dog.

A)good / takes
B)responsible / walks
C)essential / takes care of
D)necessary / looks after​

Answers

Answer:

B.

Explanation:

I am responsible for feeding the cat and my brother walks the dog.

Infer why christopher paul curtis took a year off from working in the car factory when he began writing seriously

Answers

Answer: fdkfjad;fjjife;jfiejfeidfijeaosfuheufhenjfjkaewnkjfn

Explanation: ejfkefnewkjfnewjkfnekajnfkjewfnewjnaewkjfnewjfvkjwanevkjndjvaehidsfuhisvhudfihvfnaerkjvnehjwl

SOMEONE........ ANYONE...... HELP
Interpret. The phrase “a sea change” has a literal meaning in Ariel’s song but is today used in a more figurative way. What might it mean to say that someone or something has experienced a sea change?

Answers

Answer:

A notable change

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