carsonjadee2424 carsonjadee2424
  • 26-02-2020
  • Mathematics
contestada

Suppose you have a fixed-rate mortgage with a nominal interest rate of 6% and the expected annual inflation rate over the life of the mortgage is 2%. What is the expected real interest rate?

Respuesta :

kwamejenkins73 kwamejenkins73
  • 28-02-2020

Answer:

750

Step-by-step explanation:

hope this helps

Answer Link

Otras preguntas

Which is true about the potential energy stored in an inductor?
Find the value of x such that the data set has the given mean.102, 122, 103, 111, 106, x; mean 112
Which correctly describes a cross section of the right rectangular prism if the base is a rectangle measuring 15 inches by 8 inches? Select three options.. -A c
Identifying the Functions of the Structures of the Circulatory System Identify the function of the labeled structures. A B C D connects arteries and veins bri
Explain two ways in which belief that God is loving influences Christians today.
What will eternity be like for the unsaved?
Which four facts does Susan B. Anthony use to build a reasonable and logical argument in this passage? A-She is a citizen B-Citizens have the right to vote. C-T
I need is a definition of climate
picture ! can i get help with explanation
Which idea is central to the biopsychosocial model of mental illness?