contestada

What nominal interest rate would Barbara need to receive in order to earn a real interest rate of 6 percent if the inflation rate is 2 percent?
a) 4%
b) 5%
c) 6%
d) 7%

Respuesta :

10iinaseemii10

Answer:

D) 7%

Explanation:

Barbara would need a nominal interest rate of 8% to earn a real interest rate of 6% when the inflation rate is 2%. The closest option is d) 7%.

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