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After a 1 year investment you receive 9.6% interest (nominal) from your bank. However, looking at how prices have changed, you soon realize that the

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After a 1 year investment you receive 9.6% interest (nominal) from your bank. However, looking at how prices have changed, you soon realize that the real rate of interest was actually 1.1%. How much was inflation during that year? Enter your answer as a percentage, rounded to 2 decimals, and without the percentage sign ('\%'). For example, if your answer is 0.02345 , then enter 2.35

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