Problem-interest and the fisher effect
Assignment:
What is the nominal interest rate (i) in Canada if the real estate of return is 2.5% and the expected rate was 4.5%.
Provide complete and step by step solution for the question and show calculations and use formulas.
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Find the maximum or minimum value of the quadratic function f(x)-x squared+10x-19. State whether this value is a maximum or minimum.
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