Asked by MM

Becka borrowed $500 from her cousin at the rate of 9% per year. If the inflation rate was 2.9% that year, what is her cousin's actual rate of return on the loan?
Answered by Bill
6.1
Answered by Anonymous
Becka borrowed $100 from her cousin at the rate of 6% per year. If the inflation rate was 2% that year, what is her cousin's actual rate of return on the loan?
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