Mathematics, 05.05.2020 11:24 ktip2018
What is the rate of inflation if a savings account has a nominal interest rate of 3% and a real interest rate of 1%?
A. 1%
B. 2%
C. 3%
D. 4%
Answers: 2
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What is the rate of inflation if a savings account has a nominal interest rate of 3% and a real inte...
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