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Business, 26.07.2020 14:01 jalst6084

If the rate of inflation is 4.8 %4.8%, what nominal interest rate is necessary for you to earn a 2.2 %2.2% real interest rate on your investment? (Note: Be careful not to round any intermediate steps less than six decimal places.

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If the rate of inflation is 4.8 %4.8%, what nominal interest rate is necessary for you to earn a 2.2...
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