Question : Suppose you have VND 100 million to save orspend. If you lend, you will receive 112 million after a year. Inflation is 14% / year. a. What is the nominal interest rate you get?
b. What is the real interest rate?
c. Should you save or spend that money?
d. Question (c) how will be answered if inflation is 10% / year, nominal interest rates do not change?

Step-by-step explanation:

answer: the answer is one of

step-by-step explanation:   we are given to write a proper fraction where the whole is divided into an even number of equal parts less than ten, and an odd number of those parts exist.

an even number less than 10 may be one of 2, 4, 6 or 8. so, the whole may be one of these four evens.

now, an odd number of these parts must exist, so the numerator must be an odd number, one of 1, 3, 5 or 7. it cannot be 9 because then the fraction will become improper.

thus, our fraction may be one of the following

12.4, 12.387, 12.26, 12.252, 6.241, 6.2, 6.015, 6.009, 1.411, 1.2, 1.056, 1.007, 0.31,   0.13, 0.5, 0.04

step-by-step explanation:

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