The rate of interest that a bank states as its interest rate is the real rate of interest.

Name: The rate of interest that a bank states as its interest rate is the real rate of interest.
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The rate of interest stated by a bank is usually the nominal rate of interest, which does not take into account inflation. The real rate of interest takes into account the inflation rate and hence is a more accurate representation of the actual interest rate.

The Rate of Interest That a Bank States as Its