Share
Explore BrainMass

Lowest Return

If you require a real growth in purchasing of your investment of 8% and you expect the rate of inflation over the next year to be 3%, what is the lowest return that you would be satisifed with?

a. 3.0%
b. 8.0%
c. 11.00%
d. 11.24%

Solution Preview

Hello,

I hope you are doing great. Please find my response below. I have done ...

Solution Summary

The solution answers the question below in great detail.

$2.19