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You are earning 5.2 percent on a certificate of deposit. Inflation is running 3.5 percent. What is the real rate of return on your investment

You are earning 5.2 percent on a certificate of deposit. Inflation is running 3.5 percent. What is the real rate of return on your investment
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You are earning 5.2 percent on a certificate of deposit. Inflation is running 3.5 percent. What is the real rate of return on your investment

asked
User Turtlespeed
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8.8k points

1 Answer

1 vote
the real interest rate is 1.6%
answered
User Malay
by
8.1k points
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