Multiple Choice
A year ago,you invested $2,500 in a savings account that pays an annual interest rate of 2.5%.What is your approximate annual real rate of return if the rate of inflation was 1.6% over the year?
A) 4.1%.
B) 2.5%.
C) 2.9%.
D) 1.6%.
E) none of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q40: You have been given this probability
Q41: If the annual real rate of interest
Q42: If the Federal Reserve lowers the discount
Q43: When assessing tail risk by looking at
Q44: If the annual real rate of interest
Q46: An investment provides a 0.78% return monthly,its
Q48: A year ago,you invested $1,000 in a
Q50: Which of the following measures of risk
Q72: If a portfolio had a return of
Q79: "Bracket Creep" happens when<br>A) tax liabilities are