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Suppose you earned nominal return of 9 percent on your investment last year. If the inflation rate last year was 3.2 percent, what was your

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Suppose you earned nominal return of 9 percent on your investment last year. If the inflation rate last year was 3.2 percent, what was your real rate of return on this investment? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of 8.43%) Lauren knows she can afford to make monthly payments of $500 for 36 months. How much will the bank lend her today on a 3% APR car loan in exchange for her promised monthly payments

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