What is this problem is this problem in number form? three more than the quotient of a number and 8 is 7?

15 points ! ~ see if you know the answer to both you!

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?

Round each decimal to the nearest thousandth. a. 5.39562 b. 0.12345 c. 5634 d. 18.93763