17. You bought a home in cash for $350,000. Ten years later you sold the house for $475,000. What is the annual rate of return with monthly compounding on the investment? Please enter the percentage, not the decimal. For instance, put 5.06 for 5.06%. Question 18 9 pts 18. Your best friend needs to borrow $5000. She can begin making monthly payments on the debt after she graduates in 9 months. If an appropriate rate of interest is 7.7% annually with monthly compounding, what should her monthly payments be to repay you in 12 payments (12 months of payments, 21 (12 + 9) months total)