Real rate of return
Problem:
If you earned a rate of return of 8% on your bond investments last year, during that time the inflation rate was 3.68%.
Required:
Question 1: What is your real rate of return? Please show your all workings.
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Abebi, who has just celebrated her 28th birthday, will retire on her 58th birthday, and she has just set up a retirement plan to pay her income starting on her retirement day, and to continue paying for 19 more years.
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What will your monthly payment be? Make clear comprehensively and show all workings.
What is your real rate of return? Please show your all workings.
Beginning at age 27, Kimberly invests $2000 per year for ten years and then never sets aside another penny. Kaitlyn waits ten years and then invests $2000 per year for the next 30 years. Assuming they both earn 7 percent, how much will each twin h
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Last year we budgeted $8,000 for electricity. We expect to the price per kilowatt hour (kWh) to go up from 6.5 cents per kWh to 7 cents per kWh. We have also recently implemented a program to reduce energy usage and expect our usage to decrease by
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