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Homework answers / question archive / You deposit $2000 in a savings account and get $2200 a year later
You deposit $2000 in a savings account and get $2200 a year later. Meanwhile, the consumer price index rises from 200 to 208. The nominal interest rate and the real interest rate are:
10 percent; 4 percent4 percent; 6 percent6 percent; 4 percent10 percent; 6 percent
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