If the rate of inflation is 5.4 % , what nominal interest rate is necessary for you to earn a 2.7 % real interest rate on your investment? (Note: Be careful not to round any intermediate steps less than six decimal places.)
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Home » Business » If the rate of inflation is 5.4 % , what nominal interest rate is necessary for you to earn a 2.7 % real interest rate on your investment? (Note: Be careful not to round any intermediate steps less than six decimal places.)