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show me the steps please not in the excl A year ago, you invested $1,000 in a savings account that pays an annual interest rate
show me the steps please not in the excl
A year ago, you invested $1,000 in a savings account that pays an annual interest rate of4.3%. What is your approximate annual real rate of return if the rate of inflation was 3% over the year?* O 7.3% O 4.3% 1.3%. O -1.3% Step by Step Solution
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