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In 1980, the nominal annual interest rate was 13.4%, while the annual inflation rate was 12.4%. What was the real interest rate in 1980? Enter
In 1980, the nominal annual interest rate was 13.4%, while the annual inflation rate was 12.4%. What was the real interest rate in 1980? Enter your answer in the following format: + or 0.1234 Hint: Answer is between 0.0078 and 0.0096
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