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Mitch Makes Payments on a Car Loan

question 99

Essay

Mitch makes payments on a car loan. If the price level a year ago was 120 and people expected it to rise to 125 but it actually rose to 128, what happened to the real value of Mitch's payment as opposed to what he was expecting to happen? Express your answer to the nearest 100th.

Understand the roles of various organisms in the energy cycle and their impact on ecosystem dynamics.
Creatively apply knowledge of biology to hypothesize about the characteristics of newly discovered or conceptual organisms.
Recognize the importance of communication and information transmission within and between organisms and across generations in an ecosystem.
Understand the importance and expectations of digital information fluency in the workplace.

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