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Gala2k [10]
3 years ago
14

Suppose you have a fixed-rate mortgage with a nominal interest rate of 6% and the expected annual inflation rate over the life o

f the mortgage is 2%. What is the expected real interest rate?
Mathematics
1 answer:
melisa1 [442]3 years ago
5 0

Answer:

750

Step-by-step explanation:

hope this helps

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