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You purchased an investment for $1,000 on which you earned $120 investment last year. The inflation rate during that time was 3 percent. What was
You purchased an investment for $1,000 on which you earned $120 investment last year. The inflation rate during that time was 3 percent. What was your real rate of return?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
8th Edition
007322359X, 9780073223599
