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This Question: 1 pt - CUI Question Help If the rate of inflation is 5%, what nominal interest rate is necessary for you to earn
This Question: 1 pt - CUI Question Help If the rate of inflation is 5%, what nominal interest rate is necessary for you to earn a 2% real interest rate on your investment? (Note: Be careful not to round any informediate sepsless than six decimal places) The nominal interest rate is % (Round to two decimal places) Enter your answer in the answer box
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