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Maria invests $10,000 today and locks in a 5% annually compounded interest rate for 5 years. But, over that time period, inflation averages 3% per

Maria invests $10,000 today and locks in a 5% annually compounded interest rate for 5 years. But, over that time period, inflation averages 3% per annum. What is the nominal rate of return, the real rate of return? Calculate the future value of the return using the real rate and the nominal rates of return.

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