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A certificate of deposit offers a nominal interest rate of 2.5 percent annually. If inflation is 1 percent, what is the real rate of return? O A. 1.5 percent OB. 2.5 percent OC.…

A certificate of deposit offers a nominal interest rate of 2.5 percent annually. If inflation is 1 percent, what is the real rate of return? O A. 1.5 percent OB. 2.5 percent OC.…
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1 vote
A certificate of deposit offers a nominal interest rate of 2.5 percent annually.

If inflation is 1 percent, what is the real rate of return?
O A. 1.5 percent
OB. 2.5 percent
OC. 2 percent
OD. 0.5 percent

asked
User SilverHood
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8.0k points

2 Answers

1 vote

Answer:1.5 is the answer

Step-by-step explanation:

answered
User Amitkumarusc
by
8.4k points
1 vote

Answer:a

Step-by-step explanation:

answered
User Mangecoeur
by
8.2k points
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