You invested a sum of money that your grandparents gave you six years ago when you graduated from high school. The rate of inflation since then has been 5.2% per year. You almost forgot about this investment until you received a statement in the mail, and you noticed a return of $5,938.11 on your original investment. You calculated that your real rate of return on the initial investment had been 9.8%. What was the size of your original investment?

Q: inflation rate

A: The inflation rate refers to the share exchange within the trendy fee degree of goods and offerings…

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A:

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