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Posted: **Fri Jul 01, 2022 7:50 am**

: Today Interest Rates On A Bank Account Are 1 And The Current Rate Of Inflation Is 8 5 Assuming This Stays Constant O 1 (11.81 KiB) Viewed 52 times

Today, interest rates on a bank account are 1% and the current rate of inflation is 8.5%. Assuming this stays constant over the next year, what is your real rate of return? Multiple Choice -9.5% -8.5% 1% -7.5%