Mathematics, 08.07.2019 02:00 sparky1234
Real and nominal rates of interest. zane perelli currently have $100 that he claims spend today on polo shirts costing $25 each. alternatively, he could invest the $100 in a risk of free u. s. treasury security that is expected to earn a 9% nominal rate of interest. the consensus forecast leading economist is a 5% rate of inflation over the coming year. how many polo shirts can zane purchase today? how much money will zane have at the end of 1 year if he forgoes purchasing polo shirts today?
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