Consider the following spot interest rates for maturities of one, two, three, and four years.

r₁= 5.4%r₂= 5.9%r₃= 6.6%r₄= 7.4%

Assuming a constant real interest rate of 2 percent, what are the approximate expected inflation rates for the next four years?(Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

I1 ?? %

I2 ?? %

I3 ?? %

I4 ?? %