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What is the real rate of interest for an account that offers a 12% nominal rate of return when the rate of inflation is 4%

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What is the real rate of interest for an account that offers a 12% nominal rate of return when the rate of inflation is 4% annually? A. 4.81% B. 5.66% C. 7.69% D. 9.46% much can you spend annually in real dollar terms over the next 20 years to ensure constant spending in real terms? A. $40,000.00 B. $57,830.10 C. $64,011.96 D. $73,581.75

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