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Suppose a person named Brian borrows $4,000 in 2022 which he needs to pay back to the Bank of Donis in a year. The nominal
Suppose a person named Brian borrows $4,000 in 2022 which he needs to pay back to the "Bank of Donis" in a year. The nominal interest rate is 25%, and the inflation rate is 35%. How much will he need to pay back to the bank in 2023? Group of answer choices $2,500 $5,000 $7,000 $8,500 Not enough information
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