Calculation of Nominal Return at given Inflation Rate

$6.00$3.00683 reads

Question

Harun bought an investment three years ago and just recently calculated his return on investment. He found that his purchasing power has decreased by 8% as a result of his investment. If inflation over the period was 3.5% what was his exact nominal return?

 

Summary: This question belongs to finance and discusses about nominal return on a given investment.

Total word count: 22  

 

Add to Cart