In February 2022 the nominal interest rate on the one year Treasury bill was 0...

70.2K

Verified Solution

Question

Basic Math

image

In February 2022 the nominal interest rate on the one year Treasury bill was 0 97 percent From February 2022 to February 2023 the consumer price index rose from 284 6 to 301 6 If you bought the one year Treasury bill in February 2022 the interest rate you eamed over the following 12 month period was Enter your answer rounded to two decimal places and include a minus sign if necessary Real time data provided by Federal Reserve Economic Data FRED Federal Reserve Bank of Saint Louis

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students