From tech troubles to travel tips, IDNLearn.com has answers to all your questions. Our platform is designed to provide reliable and thorough answers to all your questions, no matter the topic.
Sagot :
Answer:
3%
Explanation:
Calculation to determine what the Annual real interest rate is
Using this formula
Annual real interest rate = Annual nominal interest rate - expected annual inflation rate
Let plug in the formula
Annual real interest rate=8%-5%
Annual real interest rate=3%
Therefore Annual real interest rate is 3%
We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Thank you for choosing IDNLearn.com for your queries. We’re committed to providing accurate answers, so visit us again soon.