College tuition is $12,000 per year for 4 years. Your parents will pay 20% of the total. You have Saved: $8,000. You have 4 years to save up the remaining amount for the entire 4 years tuition, how much do you need to save per month?

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?