The writer is very fast, professional and responded to the review request fast also. Thank you.
Frank is lending $1,000 to Sarah for two years. Frank and Sarah agree that Frank should earn a real return of 2 percent per year.Instruction: Enter your responses as integer values.a. The CPI (times 100) is 100 at the time that Frank makes the loan. It is expected to be 108 in one year and 117 in two years. What nominal rate of interest should Frank charge Sarah?The nominal rate of interest charged should be %.b. Suppose Frank and Sarah are unsure about what the CPI will be in two years. How should Frank index Sarah’s annual repayments to ensure that he gets an annual 2 percent rate of return?Frank should charge Sarah % (Click to select)equal tomore thanless than the inflation rate.
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more