The real interest rate tells you

a. how fast the real purchasing power of your bank account rises over time

b. the number of dollars in your bank account today

c. how fast the number of dollars in your bank account rises over time

d. the purchasing power of your bank account today

Question

Business

Aydan Spears

21 June, 05:56

The real interest rate tells you

a. how fast the real purchasing power of your bank account rises over time

b. the number of dollars in your bank account today

c. how fast the number of dollars in your bank account rises over time

d. the purchasing power of your bank account today

+3

Answers (1)

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Antwan Eaton · Answer 1

The real interest rate tell you: C ... how fast the purchasing power of your bank account rises over time

Real interest rates is calculated through nominal interest rate minus the inflation rate. Imvestors often used this type of measurement to make a certain prediction on how much return that they could receive from their investment after considering inflation.

The real interest rate tells youa. how fast the real purchasing power of your bank account rises over timeb. the number of dollars in your bank account todayc. how fast the number of dollars in your bank account rises over timed. the purchasing power of your bank account today

The real interest rate tells you

a. how fast the real purchasing power of your bank account rises over time

b. the number of dollars in your bank account today

c. how fast the number of dollars in your bank account rises over time

d. the purchasing power of your bank account today