Mathematics, 26.05.2020 11:57 brazilmade1

Hodor borrowed $1000. The bank charges him 5% interest per year. At the end of year, he paid $50 in interest. There was 2% increase in the GDP deflator. Nominal interest rate?

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Hodor borrowed $1000. The bank charges him 5% interest per year. At the end of year, he paid $50 in...