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If the actual interest rate (MARR) is 20%, what is the real, or un-inflated interest rate, using an annual inflation rate of 4%. Calculate to

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If the actual interest rate (MARR) is 20%, what is the real, or un-inflated interest rate, using an annual inflation rate of 4%. Calculate to 3 decimal places. a) 24.000% b) 15.385% c) 21.939% d) 16.000% e) 24.800%

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