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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 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?
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Financial Management Principles And Practice
Authors: Timothy Gallagher
6th Edition
1930789157, 978-1930789159
