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Suppose that Anna deposits $3,500 into a savings account paying an interest rate of 3.76 percent. If inflation is 1.75 percent per year, find the
Suppose that Anna deposits $3,500 into a savings account paying an interest rate of 3.76 percent. If inflation is 1.75 percent per year, find the real interest rate of her investment. Express your answer as a percentage. Make sure to round your answers to the nearest 100th decimal points.
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