Mathematics
Mathematics, 03.07.2019 19:50, jessieeverett432

Sally has a credit card balance of $10,000. the credit card company charges a nominal interest rate of 17 percent a year on unpaid balances. the inflation rate is 9 percent a year. calculate the real interest rate that sally pays the credit card company. the real interest rate that sally pays the credit card company is percent a year.

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Sally has a credit card balance of $10,000. the credit card company charges a nominal interest rate...

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