10 The value of an investment of $1000 earning 7% compounded annually is VII, R) - 1000 1 + 0.07(1-R) 1+1 where I is the annual rate of inflation and R is the tax rate for the person making the investment. Calculate V/(0.03, 0.28) and VR(0.03, 0.28). (Round your answers to two decimal places.) V/(0.03, 0.28) = VR(0.03, 0.28) - Determine whether the tax rate or the rate of inflation is the greater "negative" factor in the growth of the investment. o The tax rate has the greater negative influence The rate of inflation has the greater negative influence