What is the real rate of return expect by the depositor

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Problem: ANZ bank advertise to pay 12.5% rate of interest on new term deposit account. If the cost of living increases by 2.5% annually what is the real rate of return expect by the depositor at the end of year.

Reference no: EM132494284

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What is the real rate of return expect by the depositor : If the cost of living increases by 2.5% annually what is the real rate of return expect by the depositor at the end of year.
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