Respuesta :

The nominal interest rate could best be described as the B) Stated rate. The nominal interest rate is the stated interest rate on a deposit which received by investors and on a loan which received by banks. This interest has not been affected by the inflation rate of a country, therefore the rate is different than the actual interest.

The nominal interest rate could best be described as the stated rate.

What is the nominal interest rate?

The nominal interest rate is the cost of borrowing funds that takes into account the rate of inflation. It is the sum of the real interest rate and the inflation rate. The nominal interest rate is the interest rate that is quoted often. Thus the nominal interest rate is the stated interest rate.

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