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    Exam 2: Compound Interest
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    In a Particular Year,the Interest Rate Is 5% and the Real
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In a Particular Year,the Interest Rate Is 5% and the Real

Question 63

Question 63

Multiple Choice

In a particular year,the interest rate is 5% and the real rate of return is 3%.What is the rate of inflation for the same year?


A) 2.06%
B) 2.00%
C) 1.94%
D) 1.85%

Correct Answer:

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