Suppose you offer your brother-in-law a loan of $8,000 and wish to have him pay you back in a year. The expected inflation rate is 2%. You do not need any return on the loan, but you want the money to keep its value after a year. How much money should your brother-in-law pay back after a year? A. $7,840 B. $8,160 C. $8,000 D. $8,320 E. $9,600
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