Based on economists' forecasts and analysis, $1-$year Treasury bill rates and liquidity premiums for the next four years are expected to be as follows:

$R_1,=0\mathrm{.}85\%,$

$E(2^{r}1)=,2\mathrm{.}00\%,L_2=0\mathrm{.}08\%$

$E(3r_1)=,2\mathrm{.}10\%,L_3=0\mathrm{.}10\%$

$E(4r_1)=,2\mathrm{.}40\%,L_4=0\mathrm{.}12\%$

Using the liquidity premium theory, determine the current $($long$-$term$)$ rates. $($Do not round intermediate calculations. Round your answers to $2$ decimal places.$)$

Answer is complete but not entirely correct.

$\backslash$table$[[$Years$,\backslash$table$[[$Current $($Long$-$term$)],[$Rates$]],],[1,0\mathrm{.}85vv,\%$