You purchased an investment for $1400 on which you earned $150 last year. The inflation rate during that time was 7%. What was your real rate of return (keep two decimal places such as 0.12)?

You purchased an investment for $1400 on which you earned $150 last year. The inflation rate during that time was 7%. What was your real rate of return (keep two decimal places such as 0.12) ? Your