An invesment offers to pay you 12 over the next year you


An invesment offers to pay you 12% over the next year. You expect inflation to be 2.5% over that same year. How much will your purchasing power increase if you make this investment?

9.27%
9.50%
14.5%
9.04%
12%

 

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Finance Basics: An invesment offers to pay you 12 over the next year you
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