Drop down answer choices are nominal return compounded monthly and real return compounded annually.

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 or the nominal return of 0.75% per month sD The nominal annual rate for the real return of 6.5% APR is . (Type your answer in decimal format. Round to six decimal places.) (Select from the drop-down menus.) Based on a comparison of the two rates and the current inflation rate, you would prefer the Type your answer in decimal format. Round to six decimal places ?| option over the ?| option