Mathematics, 28.10.2020 19:00 AleciaCassidy
Oscar has deposited $4,000 in a savings account at 1.5% interest. What is his real interest rate if the current inflation rate is 2.5%?
a. β1%
b. 4%
c. 3.75%
d. β0.6%
Answers: 2
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Oscar has deposited $4,000 in a savings account at 1.5% interest. What is his real interest rate if...
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