$1$points

eBook

Print

References

Check my workCheck My Work button is now enabled

Item $4$

If Treasury bills are currently paying $5\mathrm{.}8$ percent and the inflation rate is $2\mathrm{.}7$ percent, what is the approximate and the exact real rate of interest?

Note: Do not round intermediate calculations and enter your answers as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$