a) B)

An investor's portfolio increased in value from $35,645 to $54,230 over a six-year period. At the same time, the Consumer Price Index rose by 26.5%. What was the portfolio's annually compounded real rate of return? (Round your percentage answer to two decimal places.) Annually compounded real rate of return % OK If an interest rate of 6.9% compounded semiannually is charged on a car loan, what effective rate of interest should be disclosed to the borrower? (Round your percentage answer to two decimal places.) The effective rate %