Business
Business, 16.03.2020 18:58, mariahchaparro08

Suppose you were borrowing money to buy a car. Consider the following situations. Situation 1: Suppose the interest rate on your car loan is 18.0018.00 percent and the inflation rate is 17.0017.00 percent. Calculate the real interest rate. nothing%. (Enter your response as a percentage rounded to two decimal places.)

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