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12 June, 06:55

What would happen to the buying power of your investment after one year if your rate of return was 5% and the rate of inflation was 3%?

A. The buying power would increase by 5%

B. The buying power would increase by 2%

C. The buying power would increase by 8%

D. The buying power would decrease by 2%

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Answers (1)
  1. 12 June, 10:34
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    The correct answer is "B".
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