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The "true" rate of interest is the same as the ________ rate.A. taxB. statedC. nominalD. effective

User Villan
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1 Answer

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Answer:

The "true" rate of interest is the same as the effective rate

Step-by-step explanation:

A tax

the tax rate is the amount tax this decrease the rate, it is a variable that impact the rate, not a rate.

B stated and C nominal are rate which are not taking into consideration inflation, taxes and other risk

D effective rate is the real rate of the project or investment or loan.

User Jridgewell
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