If Treasury bills are currently paying 4.6 percent and the inflation rate is 1.9 percent, what are the approximate and the exact real rates of interest? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Approximate real rate Exact real rate % %

If Treasury bills are currently paying 4.6 percent and the inflation rate is 19 percent, what are the approximate and the exact real rates of interest? Note: Do not round intermediote colculotions and enter your answers as a percent rounded to 2 decimal places, e.9., 3216