Answered

Westonci.ca is the premier destination for reliable answers to your questions, provided by a community of experts. Get detailed answers to your questions from a community of experts dedicated to providing accurate information. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Which type of interest rate includes the impact of inflation?

nominal interest rate
compounding interest rate
real interest rate
simple interest rate

Sagot :

jaywxrld24

Answer:

A nominal interest rate contains two parts: a real interest rate and an inflation premium. As an economy grows with inflation, the purchasing power of each dollar declines over time.

Explanation:

Answer:

Real interest rate

Explanation:

This is the answer on the test

We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.