If the annual interest paid on a $500 loan is $25, the nominal interest rate is _ percent per year. If the nominal interest rate is 5 percent per year and the inflation rate is 2 percent a year, the real interest rate is _ per year.

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07-11-2022
Business

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If the annual interest paid on a $500 loan is $25, the nominal interest rate is _ percent per year. If the nominal interest rate is 5 percent per year and the inflation rate is 2 percent a year, the real interest rate is _ per year.

Sagot :

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If the annual interest paid on a​ $500 loan is​ $25, the nominal interest rate is​ _____ percent per year. If the nominal interest rate is 5 percent per year and the inflation rate is 2 percent a​ year, the real interest rate is​ _____ per year.

Sagot :

Other Questions

If the annual interest paid on a $500 loan is $25, the nominal interest rate is _ percent per year. If the nominal interest rate is 5 percent per year and the inflation rate is 2 percent a year, the real interest rate is _ per year.