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Business, 09.02.2021 04:10 AmaniHaikal

You are trying to decide how and when to take your next cruise. You could invest $200 a month for four years in a money market that is earning 4% or you could go now, taking out a loan for $10,000 at 11% and paying it off over the next four years. If inflation runs at 2% for the next four years, what is the true difference in cost between the two options

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