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Anonymous Anonymous
  • 01-03-2016
  • Business
Answered

what would happen to the buying power of you investment after one year if your rate of return was 8% and the rate of inflation was 3%?

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lovemelikeyoudo lovemelikeyoudo
  • 04-03-2016

one year is 365 days plus leap year so 366 times 8% or 0.08 times 3% or 0.03 to get ur answer

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