In 2004 about $38 out of every $100 spent on advertising was spent on television advertising. the amount spent on radio advertising was about 21% as much as was spent on television advertising. how much of every $100 spent on advertising was spent on radio advertising?

Frank is lending $1,000 to sarah for two years. frank and sarah agree that frank should earn a real return of 4 percent per year. instructions: a. the cpi (times 100) is 100 at the time that frank makes the loan. it is expected to be 113 in one year and 127.7 in two years. what nominal rate of interest should frank charge sarah?