If the real interest rate is 5.10% per year and the expected inflation rate is 1.80%, what is the nominal interest rate according to the Fisher equation? (Round your answer to 2 decimal places.) Nominal interest rate

If the real interest rate is 5.10% per year and the expected inflation rate is 1.80%, what is the nominal interest rate according to the Fisher equation? (Round your answer to 2 decimal places.) Nominal interest rate

 

Solution

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