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1.Suppose you deposit $1,035.00 into an account 6.00 years from today. Exactly 17.00 years from today the account is worth $1,444.00. What was the account's
1.Suppose you deposit $1,035.00 into an account 6.00 years from today. Exactly 17.00 years from today the account is worth $1,444.00. What was the account's interest rate?
2. Suppose you deposit $1,024.00 into an account 6.00 years from today that earns 11.00%. It will be worth $1,794.00 _____ years from today.
3. Assume the real rate of interest is 2.00% and the inflation rate is 6.00%. What is the value today of receiving 12,892.00 in 13.00 years?
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