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View Policies Current Attempt in Progress You loaned $100 to a friend for one year at a nominal rate of interest of 3 percer much

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View Policies Current Attempt in Progress You loaned $100 to a friend for one year at a nominal rate of interest of 3 percer much did the purchasing power of your money change (an increase is positive a decreased by 5 percent. o increased by 1 percent. O increased by 5 percent. O decreased by 1 percent. Save for Later ar at a nominal rate of interest of 3 percent. Inflation during that year was 2 percent. How money change (an increase is positive and a decrease is negative)? Attempts: 0 of 1 used Submit

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