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Question 9 ( 1 point ) Listen Inflation is 4 . 0 % . The nominal rate is 9 . 0 % . What is

Question 9(1 point)
Listen
Inflation is 4.0%. The nominal rate is 9.0%. What is the true, accurate real rate?
9.0%
5.0%
1.3%
4.8%
2.3%
Question 10(1 point)
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You invest $1,000 today in a certificate of deposit (CD) at your local bank that will pay you 13.0% APR. If inflation over that year is 4.0%, by approximately how much did your real spending power increase?
170
16
-90
90
260
Help with my honework please im lost
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