Given an anticipated inflation premium of 1.45% and a real rate of interest of 4.34%, what is the nominal interest rate? Round your answer to 4 decimal places. Group of answer choices

5.8529%

Explanation:

The computation of the nominal interest rate is shown below:-

Nominal interest rate = (1 + Inflation premium) × (1 + Real rate of interest) - 1

= (1 + 1.45%) × (1 + 4.34%) - 1

= (1 + 0.0145) × (1 + 0.0434) - 1

= 1.0145 × 1.0434 - 1

= 1.058529 - 1

= 0.058529

or

= 5.8529%

Therefore for computing the nominal interest rate we simply applied the above formula so that the nominal interest rate could come

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'

answer; 33,000;