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English, 09.06.2020 04:57 sarahbennett11p4yxlb

An investor is earning 7% on a CD in a bank and the expected inflation rate is 3%. What is the real interest rate the investor is earning? A)0 percent B)3 percent C)4 percent D)7 percent

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An investor is earning 7% on a CD in a bank and the expected inflation rate is 3%. What is the real...
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