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05-06-2023
Business

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If the nominal interest rate is 7% and the real interest rate is 2%, what is the rate of inflation? a. 2% b. 5% c. 7% d. 11% QUESTION 14 Approximately, what is the present value of $10,000 to be roceived two years from foday, assuming a 12% interest rate? a. $2,400 b. $8,000 c. $10,000 d. $12,500.

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