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You just borrowed $15,000 from a finance company to start a business. If you are required to repay $16,800 interest and principal in one year,

You just borrowed $15,000 from a finance company to start a business. If you are required to repay $16,800 interest and principal in one year, what is the nominal interest rate that the finance company is charging? If inflation is 2.5%, what is the expected real rate of interest

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