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6. The bank is offering you a new saving which will give you a 2% real annual interest rate. If the inflation rate is
6. The bank is offering you a new saving which will give you a 2% real annual interest rate. If the inflation rate is 5% annually how long will it take you to double your money both in nominal and real terms?
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
