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Calculate Real Interest rate for a loan bank would grant to a consumer in your home country. Real Rate=(Nominal Interest Rate Rate of Inflation)/(1+Rate of
Calculate Real Interest rate for a loan bank would grant to a consumer in your home country.
Real Rate=(Nominal Interest Rate Rate of Inflation)/(1+Rate of Inflation)
For Nominal Interest Rate take interest rate any bank in your home country currently applies to consumer loans.
For Rate of Inflation take expected inflation rate for 2022. If not available take current inflation rate.
All sources should be mentioned.
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