Assume you are saving $$10,000$ that you recently inherited by depositing into a bank CD account with one year until maturity. The interest rate on your deposit is $6\%$ and inflation is expected to be $8\%$ over the next year.

a$.$ How much money will you have in your bank account at the end of one year?

b$.$ What is the real interest rate you expect to earn on your deposit over the next year?

c$.$ If you are saving to buy a Mickey Mantle rookie card that currently sells for $$10,500,$ will you have enough money from the savings to buy it next year when your CD matures?