What real rate of return did she earn on her investments

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Last year, Rita earned 11.6 percent on her investments while U.S. Treasury bills yielded 3.8 percent and the inflation rate was 3.1 percent. What real rate of return did she earn on her investments last year?

7.51 percent
8.24 percent
8.56 percent
9.24 percent
10.39 percent

 

Reference no: EM13305031

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