The state of colorado covers about 1.04x10 to the power of 5 square miles. the indian ocean covers about 2.808x10 to the power of 7 square miles. how many times bigger than colorado is the indian ocean?

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?