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Assume inflation is 0.2% per month. Would you rather earn a nominal return of 0.79% per month, compounded monthly, or a real return of 6.46%
Assume inflation is 0.2% per month. Would you rather earn a nominal return of 0.79% per month, compounded monthly, or a real return of 6.46% APR, compounded annually?
The annual rate for the nominal return of 0.79% per month is ____ (round to six decimal places, type in decimal format)
The nominal annual rate for the real return of 6.46% APR is ____ (round to six decimal places, type in decimal format)
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