Question: how to solve this ?? This Question: 1 pt 201 Assume inflation is 0.24% per month. Would you rather eam a nominal return of 0.8%
This Question: 1 pt 201 Assume inflation is 0.24% per month. Would you rather eam a nominal return of 0.8% per month, compounded monthly, or a real return of 6.58% 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 0.8% per month is (Type your answer in decimal format. Round to six decimal places.) . (Type your answer in decimal format. Round to six decimal places.) The nominal annual rate for the real return of 6.58% APR is (Select from the drop-down menus.) option over the Based on a comparison of the two rates and the current inflation rate, you would prefer the option. Enter your answer in each of the answer boxes. Save for Later
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