Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: If you have a mortgage on your house at 6 percent and the inflation rate when the mortgage was acqui
Post by: Loraine on Jun 21, 2015
If you have a mortgage on your house at 6 percent and the inflation rate when the mortgage was acquired was 3 percent but has since increased and is now 8 percent per year; the current real interest rate is
A) 14 percent per year.
B) 6 percent per year.
C) 0 percent per year.
D) -2 percent per year.
E) 8 percent per year.


Title: Re: If you have a mortgage on your house at 6 percent and the inflation rate when the mortgage was a
Post by: Chimelo46 on Jul 16, 2015
Content hidden


Title: Re: If you have a mortgage on your house at 6 percent and the inflation rate when the mortgage was acqui
Post by: Chimelo46 on Aug 31, 2015
Happy to assist!