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The nominal interest rate on your savings account is 9.14 %, whereas the inflation rate is 7%. What is the real interest rate when you
The nominal interest rate on your savings account is 9.14 %, whereas the inflation rate is 7%. What is the real interest rate when you calculate it with the "exact formula"?
| 2.14 % | ||
| 2.30 % | ||
| 2 % | ||
| 1.5 % |
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Authors: Nick Zalonis
1st Edition
1716097193, 978-1716097195
