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Business, 10.09.2019 19:30 ashiteru123

If the inflation rate is 5 percent and a $1000 bank deposit increases in one year to $1120, then the real interest rate for that deposit
a. 12 percent
b. 12.5 percent
c. 7 percent
d. 7.2 percent

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If the inflation rate is 5 percent and a $1000 bank deposit increases in one year to $1120, then the...
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