Social Studies, 04.10.2019 22:20 katwright1124
Pablo recently lent $5,000 to his friend kristine to open a bakery. she promised to pay him back with interest within one year. pablo and kristine agreed on a nominal interest rate of 5.5 percent. if the annual rate of inflation is 0.5 percent, what kind of profit can pablo expect to receive for his investment?
how much interest will pablo receive from his investment?
$200 due to a real interest rate of 4 percent
$250 due to a real interest rate of 5 percent
$300 due to a real interest rate of 6 percent
$350 due to a real interest rate of 7 percent
Answers: 3
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As you drive in to school, you hear a random radio-show caller arguing that sun exposure really has not been shown to cause skin cancer and that some research suggests that skin cancer is completely genetic and not related to sun exposure at all. at the time, you think that this is a silly argument and that the caller does not know what she is talking about. however, two months later, you are outside without wearing sunscreen, and you find yourself remembering that you had read something about how the sun actually does not cause skin cancer. this process is evidence that has influenced your attitude
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Pablo recently lent $5,000 to his friend kristine to open a bakery. she promised to pay him back wit...
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