Mathematics
Mathematics, 30.07.2020 01:01, smady

Suppose you place $10,000 in a retirement fund that earns a nominal interest rate of 8 percent. If you expect inflation rate to be 5 percent or lower, then calculate the real interest rate you are expecting to earn.

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Suppose you place $10,000 in a retirement fund that earns a nominal interest rate of 8 percent. If y...

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