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Save homework: Chapter 5 Homework Score: 0 of 1 pt + 6 of 6 (0 complete) 5-34 (similar to) HW Score: 0%, 0 of 6

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Save homework: Chapter 5 Homework Score: 0 of 1 pt + 6 of 6 (0 complete) 5-34 (similar to) HW Score: 0%, 0 of 6 pts Question Help If the rate of inflation is 5,8%, what nominal interest rate is necessary for you to earn a 3.6% real interest rate on your investment? (Note: Be careful not to round any intermediate steps less than six decimal places) The nominal interest rate is % (Round to two decimal places) Enter your answer in the answer box and then click Check Answer All parts showing

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