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Title: A savings and loan strives for a 6% real return on its loans and estimates a 7% annual rate of infla Post by: Sublight2097 on Jun 20, 2015 A savings and loan strives for a 6% real return on its loans and estimates a 7% annual rate of inflation. It should therefore charge its borrowers a nominal interest rate of
A) 13%. B) 7%. C) 6%. D) 1.17%. E) 1%. Title: Re: A savings and loan strives for a 6% real return on its loans and estimates a 7% annual rate of i Post by: Sydnie on Aug 5, 2015 Content hidden
Title: Re: A savings and loan strives for a 6% real return on its loans and estimates a 7% annual rate of infla Post by: Sublight2097 on Aug 31, 2015 My mind was going in all different directions trying to figure this one out. Thanks so much.
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