If the current inflation rate is 2.0%, then the nominal rate necessary for you to earn a(n) 7.3% real interest rate on your investment is closest to ________.
A) 11.3%
B) 9.4%
C) 13.2%
D) 15.1%

Name: If the current inflation rate is 2.0%, then the nominal rate necessary for you to earn a(n) 7.3% real interest rate on your investment is closest to ________. A) 11.3% B) 9.4% C) 13.2% D) 15.1%
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Question

Quizplus · Accepted Answer

B) 11ea84dc_f576_3e8b_9a63_7948209c40ea_TB1316_00_TB1316_00 or 9.4%

If the Current Inflation Rate Is 2