mariyahlynne9866 mariyahlynne9866

23-08-2022
Business

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If the nominal interest rate is 4.00% and the rate of inflation is 2.25%, what is the real interest rate?

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abubakarsungumohudu4 abubakarsungumohudu4

25-08-2022

Answer:

Real interest rate=4.00% + 2.25%= 6.25%

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