Question: If an individual has $ 1 0 , 0 0 0 in a savings account paying 3 % , and the inflation rate is 2

If an individual has $10,000 in a savings account paying 3%, and the inflation rate is 2%, the nominal interest rate is ______.Group of answer choices3%, and the real rate is 5%5%, and the real rate is 7%5%, and the real rate is 3%3%, and the real rate is 1%5%

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