Short Answer
In 1984 the inflation rate was about −0.24%. If you invested in a savings account with an annual interest rate of 6.8%, what was the real growth rate of this investment?
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q47: In 1984 the inflation rate was about
Q48: What is the APY for 7.5% compounded
Q49: In Questions make the assumption that the
Q50: You have $2500 that you invest at
Q51: Sindee wants to make an investment that
Q53: What is the rate of simple interest
Q54: Suppose that you have $3000 on deposit
Q55: Use the geometric series formula to
Q56: In Questions make the assumption that the
Q57: The CEO of a startup company wants