jocelynn8085 jocelynn8085
  • 23-07-2019
  • Business
contestada

The "true" rate of interest is the same as the ________ rate.A. taxB. statedC. nominalD. effective

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TomShelby
TomShelby TomShelby
  • 29-07-2019

Answer:

The "true" rate of interest is the same as the effective rate

Explanation:

A tax

the tax rate is the amount tax this decrease the rate, it is a variable that impact the rate, not a rate.

B stated and C nominal  are rate which are not taking into consideration inflation, taxes and other risk

D effective rate is the real rate of the project or investment or loan.

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