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FIN 341 Fall 2021 Principles of Finance E Question 20, Instructor-... HW Score: 22.38%, 7.83 of 35 points O Points: 0 of 1 Your
FIN 341 Fall 2021 Principles of Finance E Question 20, Instructor-... HW Score: 22.38%, 7.83 of 35 points O Points: 0 of 1 Your bank account offers you the chance to triple your money in real terms over the next 14 years. The nominal APR is 18% with semiannual compounding. What is the annual inflation rate? Report as a percent figure with 3 digits after the decimal, such as 4.039%. The inflation rate is %.
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