14. Pace Co. borrowed $30,000 at a rate of 7.25% simp e nterest, with interest paid at the end of each month. The bank uses a 360-day year. How much interest would Pace have to pay in a 30-day month? 18. Suppose the real risk-free rate is 3.50% and t return would you expect on a 1-year Treasury security, assuming the pure terms, ie, if averaging is required, use the geometric average. (Round your final answer to 2 decimal places) he future rate of inflation is expected to be constant at 4.10%, what rate of expectations theory is valid clude cross-product