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#1 Assume the real rate of return is 4.15% and the inflation rate is 3.50%. Find the nominal rate of return using the exact formula.

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#1 Assume the real rate of return is 4.15% and the inflation rate is 3.50%. Find the nominal rate of return using the exact formula. Submit Answer format: Percentage Round to: -2 decimal places (Example: 0%, % sign required. Will accept decimal format rounded to 0 decimal places (ex: 0)

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