chanceblair2395 chanceblair2395
  • 13-06-2019
  • Mathematics
contestada

Josephine earned a 15% return on her investments last year. If the inflation rate that year was 4%, what is her real rate of return?



A. 4%


B. 11%


C.15%


D.19%

Respuesta :

isaiah2002johnoz5w7b
isaiah2002johnoz5w7b isaiah2002johnoz5w7b
  • 13-06-2019
The answer will be c
Answer Link
abidemiokin
abidemiokin abidemiokin
  • 21-04-2020

Answer:

B. 11%

Step-by-step explanation:

Using the formula

Real rate of return = nominal rate - inflation rate

Note that the nominal rate of a business is the return on investment in a particular year.

Therefore if Josephine earned a 15% return on her investments last year, her nominal rate is also 15%

Since the inflation rate is 4%

Rate of return = 15%-4%

Rate of return = 11%

Answer Link

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