kutemigos3433 kutemigos3433

18-12-2020
Business

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Lexi earns a nominal rate of return of 12.2% this year on her investment. If inflation is calculated at 2.1% for the year, what is her approximate real rate of return for the year

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Jmahoff831 Jmahoff831

18-12-2020

Answer:

10.1%

Explanation:

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