Suppose a person named Nare borrows $4,000 in 2021 which she needs to pay back to the “Bank of Mkrtchyan” in a year. The

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answerhappygod
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Suppose a person named Nare borrows $4,000 in 2021 which she needs to pay back to the “Bank of Mkrtchyan” in a year. The

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Suppose a person named Nare borrows $4,000 in 2021 which sheneeds to pay back to the “Bank of Mkrtchyan” in a year. The nominalinterest rate is 75%, and the inflation rate is 35%. How much willshe need to pay back to the bank in 2022?
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