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Business, 24.10.2021 20:40 12375819

A certificate of deposit offers a nominal interest rate of 2.5 percent annually. If inflation is 1 percent, what is the real rate of return? A. 0.5 percent

B. 2.5 percent

C. 2 percent

D. 1.5 percent

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A certificate of deposit offers a nominal interest rate of 2.5 percent annually. If inflation is 1 p...
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