Question: Doris lends John $ 1 2 0 for tuition expenses at the beginning of the fall semester. If the inflation rate is expected to be

Doris lends John $120 for tuition expenses at the beginning of the fall semester.
If the inflation rate is expected to be 7% and Doris asks John to pay $150 at the end of the semester, then the real rate of interest earned by Doris is %.
(Round your response to the nearest whole number.)
Doris lends John $120 for tuition expenses at the beginning of

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