Lexi Earns a Nominal Rate of Return of 12

question 86

Multiple Choice

Lexi earns a nominal rate of return of 12.2% this year on her investment.If inflation is calculated at 2.1% for the year,what is her approximate real rate of return for the year?

• A)14.3%
• B)2.1%
• C)10.1%
• D)12.2%

Analyze and interpret major court decisions and their impact on law.

Understand the protections provided by the U.S. Constitution, including the Bill of Rights.

Appreciate the significance of uniform acts and treaties in the legal framework.

Explore the role of legislative history and ambiguity in statute interpretation.