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The Consumer Price Index (CPI) in the previous year was 125, and this year the CPI was 132. If the average rate of time preference

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The Consumer Price Index (CPI) in the previous year was 125, and this year the CPI was 132. If the average rate of time preference is 3%, what should the nominal rate of interest equal? Indeks Harga Pengguna (CPI) pada tahun sebelumnya adalah 125, dan tahda ini CPI adalah 132. Sekiranya kadar purata pilihan masa adalah 3%, apakah kadar faedah nominal yang sama? A. 2.6% B. 3.0% C. 8.6% D. 10 %

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