If the market interest rate is 16% per year when the inflation rate is 9% per year,

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If the market interest rate is 16% per year when the inflation rate is 9% per year, the real interest rate is closest to:

a. 6.4%

b. 7.3%

c. 9.4%

d. 16.1%

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Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Oct 26, 2024 07:00 AM

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If the market interest rate is 16% per year when the inflation rate is 9% per year,

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Basics Of Engineering Economy

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