Answered

Welcome to Westonci.ca, the place where your questions are answered by a community of knowledgeable contributors. Get immediate and reliable solutions to your questions from a community of experienced experts on our Q&A platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

What is the nominal interest rate when the real interest rate is 3.5% and the inflation rate is 5.4%

Sagot :

anokye133

Answer:

3.15

Explanation:

because the inflation will lift up the interest rate so the deduction will be big through multiple times of people

We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.