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Business, 28.12.2019 00:31 minsuga82

You lent $290 to a friend for one year at a nominal rate of interest of 3 percent. inflation during that year was 2 percent. did you experience an increase or decrease in the purchasing power of your money? how much did it increase or decrease? (round answer to 2 decimal places, eg, 52.75%.)

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You lent $290 to a friend for one year at a nominal rate of interest of 3 percent. inflation during...
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