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An investment offers a total return of 11.7 percent over the coming year. Janice Yellen thinks the total real return on this investment will be

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An investment offers a total return of 11.7 percent over the coming year. Janice Yellen thinks the total real return on this investment will be only 9 percent. What does Janice believe the inflation rate will be over the next year? Input area: \begin{tabular}{|lr|} \hline Investment return & 11.70% \\ Real return & 9% \\ \hline \end{tabular} (Use cells A6 to B7 from the given information to complete this question.) Output area: Inflation rate

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