denacogar80 denacogar80

24-04-2019
Mathematics

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Imagine a friend ask to borrow $100 and agrees to pay you back in one month. You agree and in one month pays you back. Do you lose money

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24-04-2019

Answer:

It depends on whether you are accounting for inflation. If not taking that into account, you do not lose money because your friend pays you the full amount back.

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