What is the annualized nominal return effective annual rate


(real and nominal rates) You have been depositing $250 per month in your 401k account for exactly 10 years. The current value is $65,000. What is the annualized nominal return (effective annual rate) on your investment? If the inflation rate has averaged 6% over that time period, what is your annual real rate of return.

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Financial Management: What is the annualized nominal return effective annual rate
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