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Question 7: Investment A, which costs $20,000, returns the following cash flows: Year 1 = $8,000, Year 2 = $11,000, and Year 3 = $12,000.

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Question 7: Investment A, which costs $20,000, returns the following cash flows: Year 1 = $8,000, Year 2 = $11,000, and Year 3 = $12,000. If the inflation rate is 5% what is the yearly compounded real rate of return? Show your answer to two decimal places without the % sigh. Example, if 13.43% show as .1343 O pts Question 17 Question 7 Continued. In case you get question 7 wrong show your work for partial credit

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