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#3 Suppose you deposit $1,089.00 into an account 6.00 years from today that earns 12.00%. It will be worth $1,856.00 years from today. Submit Answer

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#3 Suppose you deposit $1,089.00 into an account 6.00 years from today that earns 12.00%. It will be worth $1,856.00 years from today. Submit Answer format: Number: Round to: 2 decimal places. #4 Assume the real rate of interest is 2.00% and the inflation rate is 2.00%. What is the value today of receiving 12,117.00 in 14.00 years? Submit Answer format: Currency: Round to: 2 decimal places

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