Business, 22.06.2021 03:20 Aliciaonfleek

Assume the inflation rate is 0.2% per month. Would you rather earn a nominal return of 0.75% per month compounded monthly, or a real return of 6.5% APR compounded annually? The annual rate for the nominal return of 0.75% per month is:___.

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Assume the inflation rate is 0.2% per month. Would you rather earn a nominal return of 0.75% per mon...