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Paul lends R10 000 to his friend Steven for one year. They agree that Steven wou...
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Paul lends R10 000 to his friend Steven for one year. They agree that Steven would pay the R10 000 back with 5% interest at the end of the year. If the inflation rate is 6%, which of the following would be true for the real value of the amount that Steven pays back at the end of the year?
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