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If you pay $10,625 annually on a $125,000 loan and the rate of inflation is 3 percent, then the Multiple Choice real rate of

If you pay $10,625 annually on a $125,000 loan and the rate of inflation is 3 percent, then the Multiple Choice real rate of interest is 4.5 percent. nominal rate of interest is 8.5 percent. real rate of interest is 6.5 percent. nominal rate of interest is 11,5 percent.

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