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Need help!!! If the nominal rate of interest is 4.12 percent and the expected rate of inflation is 1.60 percent, what is the real rate

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If the nominal rate of interest is 4.12 percent and the expected rate of inflation is 1.60 percent, what is the real rate of interest? (Round percentage answer to 3 decimal places, .. 52.75496.) Real rate of interest 96 Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 2 used

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