Both drop downs have the same choices. Please note decimal places, thanks!

Assume inflation is 0.2% per month. Would you rather earn a nominal return of 0.75% per month, compounded monthly, or a real return of 6.5% APR, compounded annually? (Note: Be careful not to round any intermediate steps less than six decimal places.) The annual rate for the nominal return of 0.75% per month is six decimal places.) (Type your answer in decimal format. Round to The nominal annual rate for the real return of 6.5% APR is six decimal places.) (Type your answer in decimal format. Round to (Select from the drop-down menus.) Based on a comparison of the two rates and the current inflation rate, you would prefer the option over the option. real return compounded annually nominal return compounded monthly