Finding approximate real rate and exact real rate
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Treasury bills are currently paying 6 percent and the inflation rate is 3.00 percent.
What is the approximate real rate of interest? (Round your answer to 2 decimal places. (e.g., 32.16))
Approximate real rate %
What is the exact real rate? (Round your answer to 2 decimal places. (e.g., 32.16))
Exact real rate %
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