11 Problem 18-02 (algo) bints Suppose that the demand for loanable funds for car loans in the Milwaukee area is $11 million per month at an interest rate of 10 percent per year $12 million at an interest rate of 9 percent per year. $13 miilion at an interest rate of 8 percent per year, and so on. If the supply of loanable funds is fixed at $15 million, what will be the equilibrium interest rate? Instructions: Enter your answer as a whole number percent per year