The bank is paying 9.37% compounded annually. The inflation is expected to be 11.54% per year. What is the inflation rate? Enter your answer as percentage, without the % sign. Provide 2 decimal...


The bank is paying 9.37% compounded annually. The inflation is expected to be 11.54% per year.<br>What is the inflation rate?<br>Enter your answer as percentage, without the % sign. Provide 2 decimal places.<br>For example, if 12.34%, enter: 12.34<br>

Extracted text: The bank is paying 9.37% compounded annually. The inflation is expected to be 11.54% per year. What is the inflation rate? Enter your answer as percentage, without the % sign. Provide 2 decimal places. For example, if 12.34%, enter: 12.34

Jun 09, 2022
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