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Business, 19.02.2020 22:46 cyynntthhiiaa4

Chloe has a $15,000 personal loan at a nominal interest rate of 8 percent. If the inflation rate is 3 percent what is the real interest rate paid on the loan?

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Chloe has a $15,000 personal loan at a nominal interest rate of 8 percent. If the inflation rate is...
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