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please show the steps to get both answers. If you borrow 35,000 today and make payments of $96,66 every month for five years and then
please show the steps to get both answers. If you borrow 35,000 today and make payments of $96,66 every month for five years and then the loan is paid off, what is the yield as a percentage rounded to two decimais? In other words, fyour answer is 5.324, enter 5.32. Your Answer: 15,99 If the nominal interest rate is 8% and expected inflation is 3%, what is the exact real rate of interest? Enter your answer as a percentage rounded to nwo decimal places. In other words, if your answer is 4.25\%, enter 4.25 Your Answer: 5.00
please show the steps to get both answers.
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