Question 15 Suppose A Person Named Nare Borrows 4 000 In 2021 Which She Needs To Pay Back To The Bank Of Mkrtchyan In 1 (36.64 KiB) Viewed 37 times
Question 15 Suppose A Person Named Nare Borrows 4 000 In 2021 Which She Needs To Pay Back To The Bank Of Mkrtchyan In 2 (48.69 KiB) Viewed 37 times
Question 15 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 nominal interest rate is 75%, and the inflation rate is 35%. How much will she need to pay back to the bank in 2022? O $2,500 2 pts O $5,000 O $7,000 $8,500 O Not enough information
Question 16 For Nare in the previous problem, what is the real interest rate of the loan? -10% O 0% 40% 2 pts O 100% O Not enough information
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