An investor is earning 7% on a CD in a bank and the expected inflation rate is 3%. What is the real interest rate the investor is earning? A) 0 percent B) 3 percent C) 4 percent D) 7 percent
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Home » English » An investor is earning 7% on a CD in a bank and the expected inflation rate is 3%. What is the real interest rate the investor is earning? A) 0 percent B) 3 percent C) 4 percent D) 7 percent