3. In which of the following situations would you prefer to take a loan? * O a) The interest rate is 9 percent and the expected inflation rate is 7 percent. Ob) The interest rate is 4 percent and the expected inflation rate is 1 percent. c) The interest rate is 13 percent and the expected inflation rate is 15 percent. d) The interest rate is 25 percent and the expected inflatine 30 percent. e) None of the above 4. Suppose you made your friend Sam a simple loan of $5,000 today for 2 years with an 8% annual interest rate. How much would you receive at maturity? a) $5,832 Ob) $800 c) $5,800 d) $5,400 e) None of the above E