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Please do fast!! I will rate you good for sure!! Please send me typed answer!! Question 42 4 pts Frank decides to lend $1000 to

Please do fast!! I will rate you good for sure!! Please send me typed answer!!

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Question 42 4 pts Frank decides to lend $1000 to Sarah for a period of 2 years. They both agree that Frank should earn a real return of 2% on this loan. The CPI today (at the time f extending this loan) is 100. They both expect the CPI to be 110 next year (year 1) and 121 in year 2. What should be the nominal interest rate that Frank charges Sarah? [Clearly show your work and explain wherever applicable]

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