If you purchased a house for $120,000 in 2000 and sold it for $255,000 in 2020, what is your nominal and real interest rate on the value of the house over this time? Assume the inflation rate is 3%.

Put your final answers into the space provided and then attach a spreadsheet at the end of this assignment to show your work. Put each question into a separate tab that is clearly labeled.

Make sure to include a record of the parameters (Set Cell, To Value, By Changing) you used for Goal Seek as shown below.