Karen made an investment with a 12% annual yield. However, the real growth rate of her investment was only 7.5%. What was the inflation rate?
A) 3.24%
B) 4.19%
C) 4.47%
D) 5.03%

Question

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The Answer of Karen made an investment with a 12% annual yield. However, the real growth rate of her investment was only 7.5%. What was the inflation rate?
A) 3.24%
B) 4.19%
C) 4.47%
D) 5.03%

Karen Made an Investment with a 12% Annual Yield