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If Treasury bills are currently paying 4.6 percent and the inflation 2 rate is 1.9 percent, what is the approximate real rate of interest? The

image text in transcribed If Treasury bills are currently paying 4.6 percent and the inflation 2 rate is 1.9 percent, what is the approximate real rate of interest? The exact real rate? 3 4 5 3 4 Input area: 5 8 9 (Use cells A6 to B7 from the given information to complete this question.) 10 11 Output area: 12 13 Approximate real rate 14 Exact real rate 15 16

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