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Question Help Assume inflation is 0.18% per month. Would you rather cam a nominal return of 0.78% per month, compounded monthly, or a real return

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Question Help Assume inflation is 0.18% per month. Would you rather cam a nominal return of 0.78% per month, compounded monthly, or a real return of 6.57%. APR, compounded annually? (Note: Be careful not to round any intermediate steps less than six decimal places) The annual rate for the nominal retum of 0.78% per month is(Type your answer in dechat format. Round to six decimal place The nominal annual rate for the real return of 6.57% APR is. (Type your answer in decimal format. Round to six decimal places) (Select from the drop-down menus) Based on a comparison of the two rates and the current inflation rato, you would prefer the option over the option

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