asked 226k views
1 vote
Assume the nominal rate of return is 6.85% and the real rate is 2.54%. Find the infiation rate of rotum using the exact formula. Answer format: Percentage Round to: 2 decimal places (Example: 9.24%,% sign required. Wil accapt decimal format rounded to 4 decimal places (ex: 0.0924))

1 Answer

4 votes

Answer: 1.69%

Explanation:

answered
User Endre Both
by
7.7k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.