What’s your real rate of return if your savings account pays 2.5% interest and inflation is at 1%? A. 1.5% B. 2.5% C

Question

What’s your real rate of return if your savings account pays 2.5% interest and
inflation is at 1%?
A. 1.5%
B. 2.5%
C. 3.5%
D. Can’t calculate.

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Thành Công 3 years 2021-07-31T04:45:02+00:00 2 Answers 87 views 0

Answers ( )

  1. thienthanh
    0
    2021-07-31T04:46:36+00:00
    Reply

    1.5% is correct hope this helps

  2. thienan
    0
    2021-07-31T04:46:36+00:00
    Reply

    Answer:

    1.5%

    Step-by-step explanation:

    2.5% – 1% = 1.5%

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