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You borrow $10,000 and will pay back $12,000 in 5 years. If inflation over those five years' averages 3% per year, how much interest do

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You borrow $10,000 and will pay back $12,000 in 5 years. If inflation over those five years' averages 3% per year, how much interest do you pay in real terms over the five years? $1, 725 $2,000 $2, 319

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