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#4 Suppose you deposit $1,025.00 into an account 7.00 years from today that earns 12.00%. It will be worth $1,707.00 years from today. Submit Answer

#4 Suppose you deposit $1,025.00 into an account 7.00 years from today that earns 12.00%. It will be worth $1,707.00 years from today. Submit Answer format: Number: Round to: 2 decimal places. unanswered not_submitted Attempts Remaining: 5 #5 Assume the real rate of interest is 4.00% and the inflation rate is 5.00%. What is the value today of receiving 10,948.00 in 11.00 years? Submit Answer format: Currency: Round to: 2 decimal places

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