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Posted on Aug 05, 2024

$ 1 0 0 0 is invested pn an account that pays 1 0 % interest per annum . Inflation currently 7 % per annum

1000

is invested pn an account that pays

10 %

interest per annum

.

Inflation currently

7 %

per annum calculate real return on investment using nominal rate and real rate.

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