If a bank offers interest at a nominal rate of

  1. The formula given was: (real rate of interest) = (nominal rate of interest) - (expected rate of inflation)A chartered bank
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    2. Seinna asked by Seinna
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  2. If a bank offers interest at a nominal rate of 6%, how much greater is the effective rate if interest is compounded continuously
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  3. you are looking for a safe place to put 30,000.00 for one yr. Bank A offers 2.46% interest rate continuously. Bank B offers
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    2. Kat asked by Kat
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  4. Ashley is comparing banks. She has $1,055 to put into a savings account. Bank #1 offers her an annual interest rate of 4.6%,
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  5. Rohan has $100 that he wants to save in a bank.bank one offers two types of saving account. One has a 5% simple interest rate
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  6. Rowan has $100 that he wants to save in a bank bank a offers two types of savings accounts one has a 5% interest rate and the
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  7. Rohan has $100.00 that he wants to save in a bank. Bank A Offers two types of savings accounts. One has a 5% interest rate, and
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  8. You receive $12,000 and looking for a bank to deposit the funds. Bank A offers an account with an annual interest rate of 3%
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    2. Vanessa asked by Vanessa
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  9. You receive $12,000 and looking for a bank to deposit the funds. Bank A offers an account with an annual interest rate of 3%
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    2. Vanessa asked by Vanessa
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  10. You receive $12,000 and looking for a bank to deposit the funds. Bank A offers an account with an annual interest rate of 3%
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    2. Vanessa asked by Vanessa
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