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In1975, interest rates were 7.96% and the rate of inflation was 12.34% in the United States. What was the real interest rate in1975? How would

In1975, interest rates were 7.96% and the rate of inflation was 12.34% in the United States. What was the real interest rate in1975? How would the purchasing power of your savings have changed over theyear? What was the real interest rate in1975?

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