What is the real or inflation-free rate per year

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Question: In 2000, a gift of $1 million was invested in government bonds at an interest rate of 3% per year. Inflation is 2% from 2000 to 2015. What is the real or inflation-free rate per year? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131924107

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