Question: Question 22 5 pts Aron just bought a certificate of deposit at his local bank. The rate printed on the front of the certificate is

 Question 22 5 pts Aron just bought a certificate of deposit

Question 22 5 pts Aron just bought a certificate of deposit at his local bank. The rate printed on the front of the certificate is 3.9%, but Aron knows that inflation is currently running at 1.79% What is the APPROXIMATE real rate of interest that Aron is getting? What is the EXACT real rate of interest that Aron is getting? 12pt Paragraph > A er Tv O words

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