Multiple Choice
If a bank is lending money at 6.25% while the government is lending money at 8.25% and the rate of inflation is 3.5%,what is the real interest being earned by the bank?
A) 2.00%
B) 2.66%
C) 2.75%
D) 6.25%
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q28: The difference between revenue and cost during
Q29: Suppose the interest rate is 6% and
Q30: Which of the following is NOT a
Q31: The rate of interest at which a
Q32: Refer to Figure 10.1.Suppose the individual is
Q34: The difference between the present discount value
Q35: Suppose a consumer's utility function is U(F<sub>0</sub>,F<sub>1</sub>)=
Q36: A bond's internal rate of return is
Q37: Durable,marketable skills that generate higher income are
Q38: The amount of money a lender requires