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Let's assume that Enrique borrows $324,000 from the Bank of America at a fixed interest rate of 8%. If the current inflation is 7%, then
Let's assume that Enrique borrows $324,000 from the Bank of America at a fixed interest rate of 8%. If the current inflation is 7%, then the real interest rate in percentage is:Let's assume that during January 2022, the Consumer Price Index was equal to 268.2, then during the base year, the Consumer Price Index was
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