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Use the following data to answer the question: Year Inflation rate Nominal interest rate 2020 5% 10% 2025 0% 2% 2030 20% 15% 2035 -5%
Use the following data to answer the question:
Year | Inflation rate | Nominal interest rate |
2020 | 5% | 10% |
2025 | 0% | 2% |
2030 | 20% | 15% |
2035 | -5% | 1% |
In which year would you prefer to be a lender?
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