Question: Show work on how to do this please, Im confused, thank you! 4. If the real rate of return is 3%; and the expected inflation

Show work on how to do this please, Im confused, thank you!  Show work on how to do this please, Im confused, thank

4. If the real rate of return is 3%; and the expected inflation rate is 5%, calculate the nominal rate of interest [Use the exact formula] A) 8% B) 5% C) 3% 08.15% E) none of the given answers

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