Michael buys two bag of chips and three boxes of pretzels for 5.13 he then buys another bag of chips and two boxes of pretzels for 3.09 find the cost of each bag of chips and each box of pretzels

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?