A year ago,you invested $2,500 in a savings account that pays an annual interest rate of 2.5%.What is your approximate annual real rate of return if the rate of inflation was 1.6% over the year?
A)4.1%.
B)2.5%.
C)2.9%.
D)1.6%.
E)none of the above.

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The Answer of A year ago,you invested $2,500 in a savings account that pays an annual interest rate of 2.5%.What is your approximate annual real rate of return if the rate of inflation was 1.6% over the year?
A)4.1%.
B)2.5%.
C)2.9%.
D)1.6%.
E)none of the above.

A Year Ago,you Invested $2,500 in a Savings Account That