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Homework. Chapter 5 Homework Score: 0 of 1 pt 7 of 12 (7 complete) HW Score: 58.33%, 7 of 12 pts P5-14 (similar to) Question Help Inflation, nominal interest rates, and real rates. Given the following information, , estimate the real rate with the approximate nominal interest rate equation and the true nominal interest rate equation (Fisher effect) for each set of nominal and inflation rates. First, fill in the approximate real interest rate in the following table: (Round to two decimal places.) Data Table - X Approximate Nominal Rate Inflation Rate Real Rate 13.0% 5.5% (Click on the following icona) in order to copy its contents into a spreadsheet.) Approximate True Nominal Rate Inflation Rate Real Rate Real Rate 13.0% 5.5% ? ? 9.0% 2.5% 2 22.0% 16.0% 5.0% 6.0% Print Done Enter your answer in the answer box and then click Check Answer. 7 parts remaining Clear All Check Answer P Pearson Copyright @ 2020 Pearson Education Inc. All rights reserved. I Terms of Use | Privacy Policy | Permissions | Contact Us | M C 1 10:07