What is pure interest; that is, how does it come into being; why is it always...
What is pure interest; that is, how does it come into being; why is it always positive; and what is a good estimate of its level today?
Homework Answers
It can be mentioned that pure interest rate is the interest rate that is retaining zero risk level on the whole and it is always positive because the value of money decreases with time and therefore the amount should increase with time and that is the reason why pure interest rate is always positive one example of a zero risk is CD would be around 2% and this is an ideal pure interest rate all in all.
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What is pure interest; that is, how does it come into
being; why is it always...
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