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Calculate the answer, round it up to two decimals and use the % sign. Example. 1.20% USA inflation rate in 2020 was, on average, 1.2%;

Calculate the answer, round it up to two decimals and use the % sign. Example. 1.20%

USA inflation rate in 2020 was, on average, 1.2%; while the t-bill (bond nominal interest rate) 1.56%. Use the exact formula. What was the real interest rate?

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