Question
1. Assume the real rate of return is 2.08% and the inflation rate is 5.68%. Find the nominal rate of return using the exact formula.
1. Assume the real rate of return is 2.08% and the inflation rate is 5.68%. Find the nominal rate of return using the exact formula. Percentage Round to: -2 decimal places (Example: 0%, % sign required. Will accept decimal format rounded to 0 decimal places (ex: 0))
2. Assume the nominal rate of return is 7.92% and the inflation rate is 4.53%. Find the real rate of return using the exact formula. Percentage Round to: 0 decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09))
3. Assume the nominal rate of return is 5.37% and the real rate is 2.66%. Find the inflation rate of return using the exact formula. Percentage Round to: 0 decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09))
4. Suppose you deposit $1,837.00 into and account 9.00 years from today into an account that earns 10.00%. How much will the account be worth 19.00 years from today? Currency: Round to: 2 decimal places.
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