In April 2018, the nominal interest rate on a 1-year Treasury bill was 1.76 percent. From April
Question:
In April 2018, the nominal interest rate on a 1-year Treasury bill was 1.76 percent. From April 2018 to April 2019, the consumer price index rose from 250 to 255. If you bought the 1-year Treasury bill in April 2018, calculate the real interest rate you earned over the following 12-month period.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
To calculate the real interest rate you earned over the 12month period from April 2018 to April 2...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
2+ Reviews
10+ Question Solved
Related Book For 
Question Posted:
