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anyone please help Suppose you want to invest some money in the bank. Currently, the bank is paying a rate of 7% compounded annually. Ination

anyone please help

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Suppose you want to invest some money in the bank. Currently, the bank is paying a rate of 7% compounded annually. Ination is expected to be 1.9% per year. (10 pts) a. What is the real interest rate the bank is paying? b. Eyou are investing 1000$ in 2019, what will your investment be worth in 2025 (in Actual dollars)? 1:. How much would the actual money you will have in 2025 be worth in terms of 2019 purchasing power

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