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Suppose you deposited TRY 250,000 based on the 15% deposit interest rate last year. You received yearly interest rate and current withholding tax rate rate
Suppose you deposited TRY 250,000 based on the 15% deposit interest rate last year. You received yearly interest rate and current withholding tax rate rate is 15% and last week TUIK announced the annual inflation rate (consumer price index-CPI) as 11.85%. Please calculate the real return (real interest rate) of your investment? (10 pts.) "0.80% B "0.90% "2.82% D "3.15%
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