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Assume the nominal rate of return is 7.61% and the real rate is 4.19%. Find the inflation rate of return using the exact formula Answer

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Assume the nominal rate of return is 7.61% and the real rate is 4.19%. Find the inflation rate of return using the exact formula Answer Format: Percentage Round to: O decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.091) Suppose you deposit $1,038.00 into and account 700 years from today into an account that carns 13.00% How much wil the account be worth 16.00 years from today? Answer Format: Currency: Round to: 2 decimal places. Enter Answer Horo

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