11. 10.53 For a real interest rate of 1% per month and an inflation rate of 1%...

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11. 10.53 For a real interest rate of 1% per month and an inflation rate of 1% per month, the nominal inflated interest rate per year is closest to: 1. 2% 2. 12% 3. 24% 4. 24.12%

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Basics Of Engineering Economy

ISBN: 9781259683312

3rd Edition

Authors: Leland T. Blank, Anthony Tarquin

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