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Social Studies, 31.07.2019 04:20 jess4659

Tom put his savings into a certificate of deposit that paid a nominal interest rate of 5 percent a year. during the year, the cpi increased from 240 to 250. what was the real interest rate that tom earned? round your answer up to the second decimal. tom earned a real interest rate of percent a year. round your answer up to the second decimal.

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