Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Get immediate and reliable solutions to your questions from a community of experienced experts on our Q&A platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

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

Sagot :

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 visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.