uestion 16 Given the anticipated rate of inflation () of 6.3% and the real rate of interest (R) of 4.7%, find the nominal rate of interest For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). T T T Arial 3 (12pt) T E ES r=R+i+iR r=4.7%+6.3%+(6.3%)(4.7%) =0.1129x100 r=11.3%