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Bill lends joann? $1,000 for a year at a nominal interest rate of 77?%. if both bill and joann expect the inflation rate to be 22?% next? year, then the real rate of interest is…

Bill lends joann? $1,000 for a year at a nominal interest rate of 77?%. if both bill and joann expect the inflation rate to be 22?% next? year, then the real rate of interest is…
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Bill lends joann? $1,000 for a year at a nominal interest rate of 77?%. if both bill and joann expect the inflation rate to be 22?% next? year, then the real rate of interest is

User Zeyad Assem
by
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1 Answer

4 votes
the same unless you refinance.
User Nimizen
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