Advanced Placement (AP), 13.04.2021 18:30, jazzy4211
In 1980, the nominal interest rate was 12 percent. In 2013, the nominal interest rate was 4 percent. From this information, can you determine if you would rather have saved $1,000 in 1980 or 2013? Explain your answer.
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In 1980, the nominal interest rate was 12 percent. In 2013, the nominal interest rate was 4 percent....
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