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Posted on May 19, 2024

If the nominal interest rate per year is 10 percent and the inflation rate is 4 percent, what is the real rate of interest? A.

If the nominal interest rate per year is 10 percent and the inflation rate is 4 percent, what is the real rate of interest?

A. 4.1%

B. 5.8%

C. 10.0%

D. 14.0%

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