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    vjeans2's Avatar
    vjeans2 Posts: 3, Reputation: 1
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    #1

    Feb 27, 2012, 04:39 PM
    Rate of Interest and Exact Real Rate
    If Treasury bills are currently paying 6.6 percent and the inflation rate is 4.5 percent, what is the approximate real rate of interest? What is the exact real rate?
    ArcSine's Avatar
    ArcSine Posts: 969, Reputation: 106
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    #2

    Feb 28, 2012, 04:21 AM
    Once you've posted your proposed answer, or the steps you've attempted so far, we can either verify your answer or give you guidance on obtaining the solution.
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