Suppose you borrowed $ 20,000 at 9% compounded monthly, for 5 years. Recognizing that 9% represents market interest, monthly payments in current dollars will be $ 415.17. If the average monthly inflation rate is expected to be 0.5%, what would be the equivalent of equal monthly payments in real dollars? Select one: a. No correct answer is provided. b. $ 375 c. $ 359 d. $ 415 e. $ 405