An investment today of 26000 promises to return 10000


An investment today of $26,000 promises to return $10,000 annually for the next 3 years. What is the approximate real rate of return on this investment if inflation averages 5% annually during the period?

7.5% or 10.4% or 2.4% or 15.4%

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Financial Management: An investment today of 26000 promises to return 10000
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