subject
Business, 15.07.2020 18:01 Geo777

Jay meets George, the banker, to arrange a loan for a car. They all expect that inflation will be 3 percent over the term of the loan, and they agree on a nominal interest rate of 6 percent. It turns out the inflation rate was actually 2 percent over the term of the loan. (10 points) a. What was the expected real interest rate

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 14:30
John f. kennedy believed that a leader should be elected successful a lifelong student in the military
Answers: 3
question
Business, 21.06.2019 18:30
Which stroke of the four-stroke cycle is shown in the above figure? a. power b. compression c. exhaust d. intake
Answers: 2
question
Business, 22.06.2019 08:50
Comprehensive illustrative problem: mira's store on february 1 20a4 mica delaman opened astore that sells school supplies her main customer are the students and teachers of happy students school that is situated in front of her store. mira wanted to know the financial position of mira's store. mira knew you were studying accounting. so she asked for . 1. to start her business mira's opened a checking account in the name of mira's store . the statement of account from the bank shows that the checking account has a balance of 31,535 of december 31,20a4
Answers: 2
question
Business, 23.06.2019 00:40
Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. you presently have $69,000 to invest. what annual rate of interest must you earn on your investment to cover the cost of your child’s college education? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers: 2
You know the right answer?
Jay meets George, the banker, to arrange a loan for a car. They all expect that inflation will be 3...
Questions
question
Mathematics, 02.02.2021 01:00
question
Chemistry, 02.02.2021 01:00
question
Mathematics, 02.02.2021 01:00
question
Mathematics, 02.02.2021 01:00
Questions on the website: 13722361