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A A one year GIC certificate has a real interest rate of 2%. If the inflation is rate is 1%, what is the exact value

A A one year GIC certificate has a real interest rate of 2%. If the inflation is rate is 1%, what is the exact value of the nominal interest rate? Select one: O a. 3.00% O b. None of THESE O c. 2.98% Od. 3.02% e. 0.99% image text in transcribed

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