Social Studies
Social Studies, 13.10.2019 11:30, MyChannelBruh6896

Suppose you offer your brother-in-law a loan of $8,000 and wish to have him pay you back in a year. the expected inflation rate is 2%. you do not need any return on the loan, but you want the money to keep its value after a year. how much money should your brother-in-law pay back after a year? a. $7,840 b. $8,160 c. $8,000 d. $8,320 e. $9,600

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Suppose you offer your brother-in-law a loan of $8,000 and wish to have him pay you back in a year....

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