In 1975, interest rates were 7.95% and the rate of inflation was 12.35% in the United States.
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In 1975, interest rates were 7.95% and the rate of inflation was 12.35% in the United States.
What was the real interest rate in 1975? How would the purchasing power of your savings have changed over the year?
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Related Book For
Corporate Finance The Core
ISBN: 9781292431611
5th Global Edition
Authors: Jonathan Berk, Peter DeMarzo
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