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Here are inflation rates and stock market and treasury bill returns between 1996 and 2000. Year 1996 inflation was 3.3 S& P 500 return 23.1

Here are inflation rates and stock market and treasury bill returns between 1996 and 2000. Year 1996 inflation was 3.3 S& P 500 return 23.1 T-Bill Return 5.2. Year 1997 Inflation is 1.7, S& P 500 return 33.4, T-Bill Return 5.3, year 1998 inflation is 1.6, S & P 500 return 28.6, T-Bill Return 4.9, Year 1999 inflation is 2.7, S&P 500 return is 21.0, T-bill return is 4.7, Year 2000 inflation is 3.4, S&P 500 return is -9.1 and t-bill return is 5.9. What is the real return on the S&P 500 each year? How do you calcualate this on a BA II plus calculator?

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