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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%

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% OB. 5.66% O C. 7.69% OD. 9.46%
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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% 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%

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