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17 ZZZ bank offer annual rate of 6.5% on its saving accounts. If the annual inflation rate is 2.3 %. What is the real annual

ZZZ bank offer annual rate of 6.5% on its saving accounts. If the annual inflation rate is 2.3 %. What is the real annual rate on the bank's saving accounts. 4.08% 4.15% 4,20% 4.11%

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