For each of the following years, determine the real interest rate Find the difference between this rate and the desired real Interest rate and explain how any difference affects borrowers and lenders. Write out percentage rates a whole numbers eg 58 a. In year 1, the nominal Interest rate is 9%, the inflation premium on loans is 4%, and actual rate of inflation is 5% The real interest rate is %, the desired real interest is 1%, borrowers are (Click to select)and lenders are Click to select) (Click to select b better of minat interest rate is 10%, the inflation premium is 5%, and the actual rate of inflation is 3% unatected worse of rate is %, the desired real interest is %, borrowers are (Click to select and lenders are (Click to select) c in year 3, the nominal interest rate is 8%, the inflation premium is 3%, and the actual rate of inflation is 3% The real interest rate is %, the desired real interest is %, borrowers are (Click to select and lenders are Click to select)