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Janelle has some money set aside for her retirement. She would like to buy a new car and is considering using her savings or borrowing
Janelle has some money set aside for her retirement. She would like to buy a new car and is considering using her savings or borrowing from a bank. If Janelle borrows the money, which of the following situations would be most advantageous for Janelle? O A. The interest rate is 4 percent and the expected inflation rate is 1 percent. O B. The interest rate is 13 percent and the expected inflation is 15 percent. O C. The interest rate is 25 percent and the expected inflation rate is 50 percent. O D. The interest rate is 9 percent and the expected inflation rate is 7 percent
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