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If the nominal interest rate is 5% and the inflation rate is 3.8%, what is the real interest rate? Use the exact formulation rather than
If the nominal interest rate is 5% and the inflation rate is 3.8%, what is the real interest rate? Use the exact formulation rather than the approximation. Enter your answer as a percentage. Do not enter the percentage sign as part of your answer. Enter your response below (rounded to 2 decimal places). % If you invest $10,000 into a savings account that yields quarterly compound interest with an annual interest rate of 7%, how much will you have in the savings account after 11 years? Enter your response below (rounded to 2 decimal places). Suppose you borrow $25,000 from a bank. The terms of the loan are 13 years with an interest rate of 10%. What are the annual loan payments at the end of the year to the bank? Enter your response below (rounded to 2 decimal places). Suppose you will receive payments of $17,000 at the beginning of the next 6 years (i.e., the first payment is today). What is the present value of all the payments? The interest rate is 9%. Enter your response below (rounded to 2 decimal places). Suppose a condo generates $12,500 in cash flow in the first year. If the cash flows grow at 1% per year, the interest rate is 14%, and the building lasts forever, what is the present value of the condo's cash flow? Enter your reponse below (rounded to 2 decimal places)
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