QUESTION 12 If you have a loan with a 12% interest rate this past year and inflation was 10%, what was the real rate of interest you paid on the loan using the approximation formula? 0 2% 10% 12% 22% OOOO QUESTION 13 If you have a loan with a 12% interest rate this past year and inflation was 10%, what was the real rate of interest you paid on the loan using the exact formula? O 1.8% O 2.0% O 2.2% 0 2.4%