Oliver's investment in Wesfarmers has earned 5.70% 2 this year and inflation was 4.20% in Australia. What is Oliver's real rate of return on his investment? Taylor is looking into a savings account at Home Bank 3 that advertises 4.60%. What is the effective annual rate if interest is compounded weekly? Suppose Oliver's account at Teachers Mutual grew by 4 8.35% this year. What was the annual percentage rate if interest was compounded quarterly? The Mllers are set to borrow 100,000 from Commerzbank and are told 0.04% will be 5 compounded to the loan daily. What is the difference, in points, between the effective annual rate and the annual percentage rate? Taylor is looking into a savings account at Home Bank 6 that advertises 7.60%. What real rate of return would she expect if inflation is expected to be 3.35%?