On January 1, 2008, Edward invested $10,000 at 5% interest for one year.The CPI on January 1, 2008 stood at 1.60.On January 1, 2009, the CPI was 1.76.The real rate of interest earned by Edward was ______ percent.
A)-5
B)0
C)5
D)10

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The Answer of On January 1, 2008, Edward invested $10,000 at 5% interest for one year.The CPI on January 1, 2008 stood at 1.60.On January 1, 2009, the CPI was 1.76.The real rate of interest earned by Edward was ______ percent.
A)-5
B)0
C)5
D)10

On January 1, 2008, Edward Invested $10,000 at 5% Interest