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You earned a nominal rate of return equal to 11.10% on your invedtments last year. The annual inflation rate was 2.90% what was your approximate
You earned a nominal rate of return equal to 11.10% on your invedtments last year. The annual inflation rate was 2.90%
what was your approximate real rate of return?
what was your exact real rate of return?
round answers to two decimal places.
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