Mathematics, 15.12.2020 19:20 williamsjamon0
Question 11(Multiple Choice Worth 5 points) (02.04 MC) Trisha receives a $2,500 gift and wants to open a savings account. Which bank interest would be the best for her at a current inflation rate of 2.5%?
a. a nominal interest rate of 3.5%
b. a real interest rate of 3%
c. a real interest rate of 2.5%
d. a nominal interest rate of 4%
Answers: 1
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Question 11(Multiple Choice Worth 5 points) (02.04 MC) Trisha receives a $2,500 gift and wants to op...
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