What is the nominal interest rate when the real interest rate is 3.5% and the inflation rate is 5.4%

Question

asked Jul 15, 2023 169k views

1 Answer

Supercheetah · Answer 1 · 2023-07-20T03:59:08+0000

Answer:

3.15

Step-by-step explanation:

because the inflation will lift up the interest rate so the deduction will be big through multiple times of people