20%
Nominal InterestA nominal interest rate is the interest rate that does not compensate for inflation. This is used in relation to "effective interest rate" or "real interest rate."" Real Interest Rate = Nominal Interest Rate - Inflation Rate " Improvement suggested by Palash Bagchi.
Difference between real and nominal cash flow is that nominal cash flows uses the inflation information as well for calculation of nominal cash flow of future while real cash flow don't use that information for calculation.
Nominal account
When someone refers to a nominal ton, it is assumed that the ton is approximated and may not be an exact ton. An actual ton is 2000 pounds.
Yes, prepaid expenses should be a nominal account. Prepaid expenses are not assigned to a particular organization, but rather a category.
nominal GDP uses current prices and thus may over- or understate true changes in output.
Nominal.
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They are nominal.
i had to pay Nominal fees. Nominal charges might apply on your purchase.
The advantage of using a nominal scale is that it can help with classification. The disadvantage of using a nominal scale is that it is the most primitive system.
nominal account.
After the rocket took off, its systems were nominal.
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