TKeen1324 TKeen1324

09-10-2020
Mathematics

contestada

Becka borrowed $460 from her cousin at the rate of 8.5% per year. If the inflation rate was 2.7% that year, what is her cousin's actual rate of return on the loan?

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jcole0020 jcole0020

09-10-2020

Answer:4%

Step-by-step explanation:

6%-2%=4%

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