A hot air balloon is dropping from a height above the ground at a steady rate of 8 feet per second. It starts from a height of 765 feet. After t-seconds it has hit a height of 421 feet. Set up and solve an equation for the value of t.

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?