Title: Chloe has a $15,000 personal loan at a nominal interest rate of 8 percent. If the inflation rate is Post by: Loraine on Jun 21, 2015 Chloe has a $15,000 personal loan at a nominal interest rate of 8 percent. If the inflation rate is 3 percent, what is the real interest rate paid on the loan?
A) 8 percent B) 5 percent C) 11 percent D) 3 percent E) 2.67 percent Title: Re: Chloe has a $15,000 personal loan at a nominal interest rate of 8 percent. If the inflation rate Post by: Chimelo46 on Jul 16, 2015 Content hidden
Title: Re: Chloe has a $15,000 personal loan at a nominal interest rate of 8 percent. If the inflation rate is Post by: Chimelo46 on Aug 31, 2015 It was nothing, thanks for updating us.
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