A rental car company charges $53.75 per day to rent a car and $0.12 for every mile
driven. Jaya wants to rent a car, knowing that:
• She plans to drive 125 miles.
• She has at most $230 to spend.

Frank is lending $1,000 to sarah for two years. frank and sarah agree that frank should earn a real return of 4 percent per year. instructions: a. the cpi (times 100) is 100 at the time that frank makes the loan. it is expected to be 113 in one year and 127.7 in two years. what nominal rate of interest should frank charge sarah?