Mathematics, 27.01.2020 21:31 fia31

Imagine that the interest rate on your savings account was 1% per year and inflation was 2% per year. after 1 year, how much would you be able to buy with the money in this account?
a. more than today
b. exactly the same
c. less than today
d. i do not know

Answers: 1

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Imagine that the interest rate on your savings account was 1% per year and inflation was 2% per year. after 1 year, how much would you be able to buy with the money in this account? a. more than today b. exactly the same c. less than today d. i do not know

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Another question on Mathematics

Imagine that the interest rate on your savings account was 1% per year and inflation was 2% per year. after 1 year, how much would you be able to buy with the money in this account?
a. more than today
b. exactly the same
c. less than today
d. i do not know