12. You have loaned $1,000 to a friend whom you consider a good credit risk at a nominal interest rate at 12% compounded monthly. The loan period is 1 year. You plan to take each monthly installment received from your friend and invest it on the day received in a savings account that pays you interest at the nominal rate of 6% compounded monthly. What nominal interest rate are you receiving on the total return from the loan plus the reinvestment of the monthly repayment installments? All installment transactions occur at the end of each period