If a personal financial plans assumed rate of return is 7 percent and the assumed inflation rate
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If a personal financial plan’s assumed rate of return is 7 percent and the assumed inflation rate during financial independence is 6 percent, what is the inflation-adjusted return for the plan?
A. .9434.
B. -.9346.
C. .9346.
D. 4340.
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Related Book For
Essentials Of Personal Financial Planning
ISBN: 9781945498237
1st Edition
Authors: Susan M. Tillery, Thomas N. Tillery
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