Interest Rates - Interest rates are a percentage that is used to calculate how much a loan or investment grows over time. A "Nominal" interest rate is just the percentage on the loan - the "Real" rate subtracts expected inflation
Interest Rates - Interest rates are a percentage that is used to calculate how much a loan or investment grows over time. A "Nominal" interest rate is just the percentage on the loan - the "Real" rate subtracts expected inflation