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April 20, 2014

Homework Help: Economics

Posted by Tracey on Saturday, January 28, 2012 at 4:55pm.

One year ago, you bought a bond for $10,000.00. You received interest of $400.00 at the end of the year, as well as your $10,000.00 principal. If the inflation rate over the last year was five percent, calculate the real return. Show your work.

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