Question
Questions 1. You borrow $22,000 to be repaid in 12 monthly installments of $2,092.00. The annual interest rate is closest to A. 2.1 percent. B.
Questions 1. You borrow $22,000 to be repaid in 12 monthly installments of $2,092.00. The annual interest rate is closest to
| A. | 2.1 percent. | |
| B. | 18 percent. | |
| c. | 23 percent. | |
| D. | 25 percent.
|
Question2. The nominal interest rate is 2% and the expected inflation rate is 7%. Based on the Fisher effect, the real rate of interest is A. - 4.67%. B. 5.1%. c. 4.9%. d. 9.14%.
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Multifractal Financial Markets An Alternative Approach To Asset And Risk Management
Authors: Yasmine Hayek Kobeissi
1st Edition
1461444896, 978-1461444893
