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Trisha receives a $2,500 gift and wants to open a savings account. Which bank interest would be the best for her at a current inflation rate of 2.5%? (5 points)

A nominal interest rate of 3.5%
A real interest rate of 3%
O A real interest rate of 2.5%
A nominal interest rate of 4%

User Arilia
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2 Answers

1 vote

Answer:

The answer is B- A real interest rate of 3%

Step-by-step explanation:

I took the test and got it right :)

User Tom Womack
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4 votes

Answer:a real interest rate of 3%

Step-by-step explanation:

User KernelKoder
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