If the nominal interest rate is 14 and inflation is 4 what


If the nominal interest rate is 14% and inflation is 4%, what is the real interest rate? Round your answer to the nearest tenth of a percent. Options are: 9.1%, 9.6%, 11.9% or -8.8%

Solution Preview :

Prepared by a verified Expert
Finance Basics: If the nominal interest rate is 14 and inflation is 4 what
Reference No:- TGS02522652

Now Priced at $10 (50% Discount)

Recommended (90%)

Rated (4.3/5)