Suppose you earned nominal return of 10 percent on your investment last year. if the inflation rate last year was 2.9 percent, what was your real rate of return on this investment? (enter your answers as a decimal rounded to 4 decimal places, not a percentage. for example, enter 0.0843 instead of 8.43%)

Real rate of return will be 1.82 %

Explanation:

We have given nominal rate of return = 10%

Inflation rate of return = 2.9 %

We have to find the real rate of return on this investment

Real rate of return is given by

Real rate of return %

So real rate of return will be 1.82 %

hi there,

do u need ? ?

thx

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o