Jordan loaned taylor 1200 on march 15 2009 taylor returned
Jordan loaned Taylor $1,200 on March 15, 2009. Taylor returned $1,260 on March 14, 2010. Inflation was 2% over the 1-year period. What is the real interest rate that Taylor paid?
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jordan loaned taylor 1200 on march 15 2009 taylor returned 1260 on march 14 2010 inflation was 2 over the 1-year period
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