Question
Assume the inflation rate is 3.31 % APR, compounded annually. Would you rather earn a nominal return of 4.61 % APR, compounded semiannually, or a
Assume the inflation rate is 3.31 % APR, compounded annually. Would you rather earn a nominal return of 4.61 % APR, compounded semiannually, or a real return of 2.65 % APR, compounded quarterly?(Note: Be careful not to round any intermediate steps less than six decimal places.)
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Cryptocurrency QuickStart Guide
Authors: Jonathan Reichental
1st Edition
1636100406, 978-1636100401
