You Want to Earn a Real Rate of Return of 3.75

question 47

Multiple Choice

You want to earn a real rate of return of 3.75 percent at a time when the inflation rate is 2.33 percent.What is the approximate nominal rate which you must earn?

• A) 5.78 percent
• B) 5.96 percent
• C) 6.08 percent
• D) 6.14 percent
• E) 6.28 percent

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Definitions:

Ableism

Discrimination or social prejudice against people with disabilities.

Disableism

Discrimination or prejudice against individuals with disabilities.

Disability Reaction

This term refers to the societal and individual responses and attitudes toward disabilities, encompassing a range of actions from accommodation and support to discrimination and exclusion.

Seniors

Elderly individuals, often defined as people who are 65 years of age or older, who may experience varying levels of dependency, health issues, and societal roles.