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Question: isnt it 095 percent...

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30) In 2016 the nominal interest rate paid by banks on savings deposits was 0.55 percent. At the same time the inflation rate was 1.5 percent. What was the real interest rate paid on savings? A)-2.05 percent B) -1.05 percent C) 0.55 percent D) 3.10 percent E) 2.05 percent

Isn't it -0.95 percent???

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