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Romashka-Z-Leto [24]
2 years ago
7

Drag each tile to the type of interest rate it describes

Mathematics
1 answer:
sertanlavr [38]2 years ago
6 0

Answer:

Nominal Interest Rate: Does not consider inflation  provides a sense of  purchasing power

Real Interest Rate: It describes the stated interest rate on  an account  and also considers inflation

Step-by-step explanation:

Real interest rate  can be defined as the Nominal interest rate minus the inflation rate.

Nominal Interest Rate is the interest rate without taking into account the inflation

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3 0
2 years ago
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