Show all work do not use excel to solve.

18. An an calculations. If the real interest rat closest to: alyst conducting an economic analysis used an inflated interest rate of 16% per year in all e at the time of the calculations was 12% per year, the inflation rate was 3.57% 8.36% 0.16 0.12++ 0.121 f= 0.0357 or 3.57% B) C) D) 13.29% 0.04 1.121