For a real interest rate of 12% per year and an inflation rate of 7% per year,

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For a real interest rate of 12% per year and an inflation rate of 7% per year, the market interest rate per year is closest to:

a. 4.7%

b. 7%

c. 12%

d. 19.8%

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Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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