The inflation rate is 10% and real annual rate is also 10% in a bank. If you
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Question:
The inflation rate is 10% and real annual rate is also 10% in a bank. If you borrowed 100k tl for 20 years, what will be the amount of the payment:
A)if it will paid back with 5 equal installments at the end each 4 years
B) if the payment in even numbered year is twice of the payment in odd numbered year?(equal payment in even year and first payment is in 2021)
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