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Suppose you deposited TRY 500,000 based on the 19% deposit interest rate last year. You received yearly interest rate and current withholding tax rate rate
Suppose you deposited TRY 500,000 based on the 19% 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 14.75%. Please calculate the real return (real interest rate) of your investment? A *3.70% B * 1.40% 4.25% "1.22%
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