INCORRECT!
Oops! Try Again Soon!
Wall Street makes its money on activity; you make your money on inactivity.
Need A Hint?
Real return ≈ (1+nominal)/(1+inflation)-1 — roughly nominal − inflation as an approximation.
Did You Also Know...
By Quiz Coins
Some loan products can negatively amortize, meaning the outstanding balance grows if payments don’t cover the accruing interest.