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True or false if the rate of inflation is higher than your interest rate on your savings account you are gaining buying power
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True or false if the rate of inflation is higher than your interest rate on your savings account you are gaining buying power

User Jonathan Giddy
by
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2 Answers

4 votes

The interest rate is what gets added to your savings.

Answer:

True

True or false if the rate of inflation is higher than your interest rate on your savings-example-1
User Demula
by
8.8k points
3 votes

Answer:

False

Step-by-step explanation:

User Malcolm McLean
by
8.3k points
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