Math, asked by durjan54, 5 months ago

Nominal rate is also known as

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Answered by debasritashaw

Answer:

Nominal interest rate refers to the interest rate before taking inflation into account. Nominal can also refer to the advertised or stated interest rate on a loan, without taking into account any fees or compounding of interest.

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Answered by rajeshtinku890

Answer:

Nominal rate refers to the interest rate before taking inflation into account. Nominal can also refer to the advertised or stated interest rate on a loan, without taking into account any fees or compounding of interest.

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