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Mr . el - Nazir invests $ 2 , 2 0 0 at a 1 3 percent nominal rate for one year. If the inflation

Mr. el-Nazir invests $2,200 at a 13 percent nominal rate for one year. If the inflation rate is 4 percent, what is the real value of the investment at the end of one year?
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$2,288
$2,486
2,390
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