If the Nominal Interest Rate Per Year Is 10% and the Inflation

question 57

Multiple Choice

If the nominal interest rate per year is 10% and the inflation rate is 4%,what is the real rate of interest?

• A)10.0%
• B)4.1%
• C)5.8%
• D)14.0%

---

Definitions:

Work Centers

Specific areas or stations in a manufacturing facility where a particular process or set of tasks is performed.

Office Spaces

Physical locations or areas where administrative work is performed, typically within a building dedicated to hosting various business activities.

Financial Aid

Monetary assistance offered to individuals or organizations, often for education, which can come in the form of grants, scholarships, loans, or subsidies.