When you put money in the bank , they don't produce more , the use simple interest to charge you fees
A real interest rate and a nominal interest rate are quite similar. The only real difference between the two interest rates are that a nominal interest rate include the cost of inflation where as the real interest rate does not.
In the long run the real interest rate is determined by?
Yes, it is possible for the real interest rate to be negative. This can occur when the nominal interest rate is lower than the inflation rate, resulting in a negative real return on an investment.
the real interest rate
To calculate the real interest rate, subtract the inflation rate from the nominal interest rate. The real interest rate reflects the true purchasing power of the money invested or borrowed after adjusting for inflation.
Real Simple Real Life was created in 2008.
Real Simple- Real Life- - 2008 was released on: USA: 18 October 2008
its not.
It does so primarily for pupils in junior school. A variable interest rate would be too complicated for pupils of that age. Also, in real life simple interest is very rare but again, younger pupils are not mathematically sophisticated enough to handle that.
Real Simple- Real Life- - 2008 Gina was released on: USA: 14 November 2008
Real Simple- Real Life- - 2008 Lana was released on: USA: 19 December 2008
Real Simple- Real Life- - 2008 Tracy was released on: USA: 12 December 2008
Real Simple- Real Life- - 2008 Petal was released on: USA: 9 January 2009
Foo
Umm... first of all this question isn't grammatically correct, but I'll answer the question, "How useful are whole numbers in real life?". They are useful to know when you when you are taking an algebra class:)
it deals with bank accounts and interest (compounding interest)
Real Simple- Real Life- - 2008 Sue was released on: Canada: 23 January 2009 USA: 23 January 2009