You Lend $5,000 to a Friend for One Year at a Nominal

question 258

Multiple Choice

You lend $5,000 to a friend for one year at a nominal interest rate of 10%.The CPI over that year rises from 180 to 190.What is the real rate of interest you will earn?

• A)0%
• B)4.4%
• C)5.5%
• D)5.8%

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Definitions:

Fetus Position

The orientation or stance of a fetus within the uterus, which can affect the birthing process.

Genetic Counseling

A process that involves communicating with individuals or families about the genetic aspects of diseases, including the risk of inheriting or passing on conditions.

Genetic Heritage

The inherited genetic characteristics and traits passed down from previous generations of an individual's family.

Genetic Abnormalities

Variations or mutations in genes that can lead to disorders or diseases, affecting an individual's development or health.