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2024-11-20 22:32:53
Projected means what would happen, hypothetically, if inflation was monthly 54% for 12 months straight. It's not 54 times 12, that's not how percents work, they grow like bank interest. The exact number would be (1.54^12-1)×100=17693% - huge interest of 177 times the loan sum. [Link]
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