thanks for anwsering both questions, i will vote up

Question 15 Last year, the rate on one year Treasury securities was 7 percent and inflation was measured at 3 percent. What was the real rate of interest last year 4 None of the sted items is correct What is the effective yield for 9 percent compounded semi-annually? 9.20N 450W 18 BT None of the listed items is correct