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One year ago, you had $ 1 , 0 0 0 cash. Instead of depositing it at 5 % for a year, you bought a

One year ago, you had $

1, 000

cash. Instead of depositing it at

5 %

for a year, you bought a TV at $

1, 000 .

Over the past year, the economy has gone down and the price of the same TV is

980

today. Based on this information, which of the following is closest to the real interest rate over the past year?

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