Business
Business, 19.12.2019 23:31, shariaharper

Suppose compu-global-hyper-mega-net borrows $100,000 from mel's savings and loan for one year at a 10% interest rate. at the end of the year; the owner, mr. simpson, has to repay $110,000. of the course of that same year, the average level of prices increases by 10%. what is the real interest rate of the loan?

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Suppose compu-global-hyper-mega-net borrows $100,000 from mel's savings and loan for one year at a 1...

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