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problem: Compute the average return for Treasury bills and the average annual inflation rate [Consumer value index for this period [Refer table below]. Give your answer to two decimal places

Refer to the following table:

Year

T-bill return

Inflation

1976

0.0507

0.0486

1977

0.0545

0.0670

1978

0.0764

0.0902

1979

0.1056

0.1329

1980

0.1210

0.1252

1981

0.1460

0.0892

1982

0.1094

0.0383

1983

0.0899

0.0379

Requirement:

Compute the average return for Treasury bills and the average annual inflation rate [Consumer value index] for this period. [Do not include the % sign. Give your answer to two decimal places]

Average Treasury bill returns _____ %

Average inflation                    ______%

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