(c) Suppose in 2021Q1 when the money supply reach $18.4 trillion and k remained at 0.00276, what would have been the equilibrium interest rate in 2021Q1? How does this interest rate compare to 0.08 percent that actually prevailed in 2021Q1? Did the actual change in the propensity to hold money help or hinder the Fed's goal of lowering the interest rate? Please express your answer as a percentage, round to 3 digits after the decimal point, and show your calculation.