Which statement best explains the interest rates related to this cd?

the nominal interest rate is 3 percent, while the real interest rate is 2 percent.
the nominal interest rate is 3 percent, while the real interest rate is 1 percent.
the nominal interest rate is 1 percent, while the real interest rate is 2 percent.
the nominal interest rate is 2 percent, while the real interest rate is 4 percent.

The answer is B. The nominal interest rate is 3 percent, while the real interest rate is 1 percent.

Explanation: In the description of the CD, the rate given is a description of the limit to which it can increase, so the maximum this CD will increase is 3 percent anually. But this value is attached to the difference with the annual inflation.

hello,

answer: a federal government has final authority on interstate/inter provincial  and international affairs, a confederation is one where the central/national government or authority is governing body what does not have final say over the same matters. hopefully this and i will try again if you don't like this answer : )

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explanation: because you need to reduce the pollution on land,the exhaust fumes will stop,and stop it in water,the oil that is in the oceanharms the fish   sorry if you   have been waiting long