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Business, 24.03.2020 02:15 abbygreen

Darla puts her money into a bank account that earns interest. One year later she sees that the account has 6 percent more dollars and that her money will buy 7.5 percent more goods. a. The nominal interest rate was 13.5 percent and the inflation rate was 1.5 percent. b. The nominal interest rate was 6 percent and the inflation rate was -1.5 percent. c. The nominal interest rate was 13.5 percent and the inflation rate was 7.5 percent. d. The nominal interest rate was 6 percent and the inflation rate was 7.5 percent.

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