Question: Need step by step solution please thanks Bank ABC makes loans with inflation protection that require a single payment at the end of the term

Need step by step solution please thanks

Bank ABC makes loans with inflation protection that require a single payment at the end of the term of the loan. The following table shows the repayment amounts per 1,000 of loan amount before any inflation adjustments: Term of Loan (years) Repayment Amount per 1,000 of Loan Before Inflation Adjustment 995 998 1,005 1,010 1,015 2 4 The repayment amounts are adjusted by the percentage change in an inflation index XYZ over the term of the loan. The following are the values of the inflation index: January 1 of Year 2020 2021 2022 2023 2024 2025 2026 2027 Inflation Index XYZ 186.1 190.8 196.3 202.6 211.7 218.5 221.1 225.3 Justin makes two loans from Bank ABC on January 1,2021: 10,000 for a term of 3 years and 15,000 for a term of 5 years. What is the sum of Justin's two repayments to the bank

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