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

H E L P- worth 85 points- will give brainliest-
3. What are some values that are important to the people who live and work in the new nation? List at least three values and illustrate their importance with evidence from at least three readings. You should have at least one complete paragraph explaining each example. Discuss each example in its own complete paragraph.

Answers

Answer: Some values important to people in the new nation were individualism, to be respected, and self reliance. They had no care in the world for people that didn't have these character aspects. Resources Brainly.com, Vintageamericanways.com, and coursehero.com helped me understand that people that weren't respected would not be listened to. They also wanted them to not have too many friends, and to rely on themselves for answers they needed. They found their information from researching instead of asking, so that their answers were always correct. Not rumors.

Explanation:

What are the speaker’s feelings about satisfaction and wanting? Cite evidence from the third stanza to support your answer.

Answers

Answer:

Explanation:

 In the first stanza, my prediction is that either he is a police officer, or musician

18
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Which of the following would be most useful in discovering the meaning of an unfamiliar word highlighted within a text?
table of contents
O index
O glossary
O appendix
TURN IT IN
NEXT QUESTION
© ASK FOR HELP

Answers

Answer:

Dictionary is the most helpful way to find out a meaning of a word.

what is the phone number of yamantumen​

Answers

The phone number to this place is 2094739293

summarize minutes that matter but Kristen waltz help​

Answers

Explanation:

As a teenager, whenever you have gone out with friends or traveled away from home, you've likely been asked to call and check in every once in a while. Most of us probably don't think much about doing so. We may even talk on the phone with friends or family members several times a day. But pretend for a moment that you are a soldier in the military. You have been sent overseas for several months, away from all of your family and friends, in order to serve your country. You might imagine that the ability to call home and talk with your loved ones would be something to look forward to. But what if those phone calls left you with a $7,600 phone bill? When 14-year-old Brittany Bergquist and her 12-year-old brother Robbie, of Norwell, Massachusetts, saw a news story about a soldier who found himself with just this problem, they decided to help. Robbie recalls, "We were taken aback and wanted to make sure he didn't have to pay that cell phone bill!" They began by raising money. Brittany and Robbie donated 14 dollars of their own savings and collected seven dollars from friends. A local bank heard about what they were doing and donated $500. But $521 was nowhere near the amount needed to help the soldier pay his bill. So Brittany decided to send donated cell phones to the soldiers. This way, they would have their own phone to use when calling home, which would be less expensive. Brittany and Robbie collected as many old cell phones as they could. But there was a problem. Because of security concerns, the Pentagon would not allow the phones to be sent overseas. Brittany and Robbie were determined, so they came up with another idea. They found a cell phone recycler in Michigan who would pay them five dollars for each phone they sent in to be recycled. Using that money, they could buy pre-paid phone cards to send to the troops.

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

Why was Mitch out of work?
A: he went on vacation
B: his union went on strike
C: he got fired
D: he refused to do any writing

Answers

C and B
I think i u should put the story

Pls help i beg u pls

Answers

Answer:

just put them in order

Explanation:

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

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Which sentence in the passage above has an error

Answers

where's the passage?

is it invisible

lol

In what four states could Forrest Fen have possibly hidden the treasure?

Answers

Answer:

new Mexico, Colorado, Wyoming, and montana

Explanation:

fun left clues for a treasure chest filled with 1 million worth of gold and jewels that he hid and the treasure was found in early June after more than 10 years of being hidden

possibilities. You are not limited by a set list of options. If you
A central idea of the text is that people are smarter than computers because people
O possess a larger capacity for memory.
can follow instructions more quickly
pay closer attention to what they do.
O have different kinds of mental abilities.

Answers

Answer:

I’m not sure but I think the answer is “Have Different Kinds Of Mental Abilities”

Explanation: Don’t choose this answer yet I’m not sure

Read the excerpt from "Nothing but Net.” She should be feeling nervous about being accepted. And yet, she wasn’t. She was feeling something else completely. She felt her anger grow as she rose from the shadows on the court. Dimitri wants to visualize the setting. Which phrase from the excerpt is the best for him to connect with? should be feeling nervous something else completely felt her anger grow as shadows on the court

Answers

Answer: The Answer is D, Shadows on the court

Explanation:

I did the quiz on edgen. I got a 90% because I put C in this question. This answer is right guys.

Answer:

D. shadows on the court

Explanation:

ed22

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?

Children pick up certain speech habits from people they hear most often.
O True
O False

Answers

Answer:

true its just like telling your kid mama and daddy they pick it up

Answer:

true

Explanation:

in different places people have different accents

5. The car engine coughed and sputtered when it started during the blizzard.

Answers

Answer:

sputtered- To eject in short bursts with spitting or popping sounds.

coughed- a sound similar to a cough, as of an engine firing improperly.

i hope this helps

Explanation:

Select the correct answer.
What does a subjunctive verb mood indicate?
a conclusion
a wish
a decision
a go

Answers

A subjunctive verb mood indicates a wish. So, the correct option is B.

Three moods exist in English.

The indicative mood is used to express thoughts and facts, such as "That cat is great." As in "Look at that magnificent cat," The imperative mood is used to provide commands and instructions (often with you as the understood subject). In a phrase with typically two clauses, the subjunctive mood communicates wishes, recommendations, demands, or wants using a verb such as wish (or propose, demand, etc.) in one clause and another second verb in the subjunctive mood.

The word "were" appears in the subjunctive tense in the phrase "I wish I were the president."

To know more about Subjunctive mood go to https://brainly.com/question/8815732

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Omar is writing a fictional story about a brave warrior rescuing a city from an evil ruler. Which dialogue should he include in his draft to reveal that the ruler is afraid of the warrior?


A.

"I will always fight for what I think is right," the warrior said confidently.

B.

"I am determined to help the people of this city!" the warrior exclaimed.

C.

"I have battled many warriors in the past and defeated them," the ruler stated calmly.

D.

"If the warrior breaks through the city gates, all will be lost," the ruler told his council.

Answers

Answer:

D "If the warrior breaks through the city gates, all will be lost," the ruler told his council.

Explanation:

The first two options only show that the warrior is a good person, and the third option shows that the ruler isn't afraid of the warrior. The last choice shows that the ruler is afraid of the warrior getting through the gates.

The answer is d “if the warrior breaks through the city gates , all will be lost “ the ruler told his council

Logan and Morgan decided to go to the mall.

A. Simple sentence
B. Compound sentence
C. Complex sentence

Answers

Answer:

C.

Explanation:

Read the passage.
She realized that her neighbors were made up of all kinds
of people. They held different jobs, had different-sized
families, and had different needs. They all were just trying
to do the best they could. What interested her was that
while not everyone was good, they did all make a
community. Mr. Hall had shown his true prejudice. Ms.
Jessica turned a blind eye to the hungry Bower kids next
door. But my mother secretly left cookies on old man
Smith's door. And Mrs. Dourney always made time to say
hello to passersby.
D
Which common literary theme is best illustrated by this passage?
O A. The pain of isolation
OB. The ineffectiveness of words
Ο Ο Ο Ο
C. The coexistence of good and evil
O D. The struggle against nature

Answers

Answer:

the answer to that is B

Explanation:

hpe it helps:)

What is the meaning of the poem ""When my noisy mind quiets"" by Georgia Heard

Answers

Answer:

The poem shows that in times of stress and mental confusion, we must provide a moment of relaxation capable of making us comfortable with ourselves.

Explanation:

By reading the poem we can see that the speaker presents the idea of stress, mental confusion and discomfort with himself through a noisy mind. When this happens, the speaker needs to be quiet in a place that allows him to be relaxed, to breathe calmly and to establish a friendship with himself, bringing a necessary comfort and calm. We can see this through the lines:

"I leave all my to do’s/ in a place/ asleep like winter trees./ Then I become friends"

Write an email to your uncle and aunt. Tell them what has happened and give them directions

Answers

Answer:

ok?

Explanation:

What common era hobbies would Casca enjoy from julius Caesar?

Answers

Answer:

Basketball and fenceing prob swords too

Explanation:

When the Los Angeles reporters interview Percy, how does he get back at Gabe?

Answers

Answer:

He said that Gabe called him a delinquent and said that he was "loving'.

Explanation:

Hope this helps :)

Do you think words and ideas can change the world? Why or why not?

Answers

Answer:

Because

Ideas make world

Technology

Is better for world

Words

Are very important is our life

If you say bad it harmful

But if you say good word

Which is a potential advantage of community colleges over private colleges and state universities?
A
They are less expensive.

B
They are easier to apply to.

C
They offer more programs.

D
They offer more scholarships and grants.

Answers

I think it’s A cause it is
A would be the main one. Financial advantages are why most incoming college students look for.

Why is front-porch culture important in Their Eyes Were Watching God? Select all that apply. It illustrates the novel's political context. It enriches the novel's characterization. It provides a setting that frames the novel. It foreshadows what will happen in the novel.​

Answers

Answer: It illustrates the novel's political context.,  It provides a setting that frames the novel.

Explanation: hope this helps Have an amazing day

A. it illustrates the novel's political context.

C. it provides a setting that frames the novel

what has kay forgotten?

Answers

Answer:

a lot

Explanation:

Which statement is argumentative, as opposed to informational?
Select one:

Many schools use their bands to entertain crowds during sports events.

Communities should support artistic expression in their public schools.

Funding for theater programs has steadily lessened over the past decade.

Many kindergarten students enjoy art class very much.

Answers

Answer:

Funding for theater programs has steadily lessens over past decade. Is the answer

Explanation:

pls mark me as your brainlist

Carl Rogers developed a therapy technique that requires a
client to set goals for new behavior
client to make associations and explore the past
counselor to use conditioning techniques
counselor to listen without passing judgment

Answers

Answer:

counselor to listen without passing judgment

Explanation:

the letter ol
6. What does the prefix dis- mean?
A not or opposite of
C. too much
B. again
D earlier or before​

Answers

the answer is A.

not or opposite of. (e.g DISlike, you don’t like someone)
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