Why debtors benefit during periods of high inflation
Question: Explain why debtors benefit during periods of high inflation.For example, why would someone in Argentina want to have debt? Why does money have a time value?
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Find the simple interest on $8537 at 10% per annum for 8 months. Find the effective rate corresponding to 3% compounded quarterly.
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Explain why debtors benefit during periods of high inflation.
Suppose the nominal 90 day US interest rate is 1.875%. Then Canadians nominal 90-day interest rate is approximately:
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Proponents of the decision laud the move as a means to save the organization by taking advantage of the free market and finding cheaper methods of producing
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