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Assume the nominal rate of return is 9.23% and the real rate is 4.62%. Find the inflation rate of return using the exact formula.
Assume the nominal rate of return is 9.23% and the real rate is 4.62%. Find the inflation rate of return using the exact formula. Submit Answer format: Percentage Round to: O decimal places (Example: 9%, % sign required Will accept decimal format rounded to 2 decimal places (ex: 0.09)) Suppose you deposit $1,320.00 into and account 9.00 years from today into an account that earns 10.00% How much will the account be worth 19.00 years from today? Submit Answer format: Currency: Round to: 2 decimal places
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