Consider a lump sum of $500 today_ (t=0). What is its future value 12 years later at an expected return of 10% per year? Note: Show your answer in units of dollars, use plain numbers with at least two digits after the decimal (e.g., for $12,345.67, type 12345.67). Based on the Fisher equation, if expected inflation e=3% and nominal rate rnominal=9%, what would the real rate rreal be? Note: Show your answer in units of percents, use plain numbers with at least two digits after the decimal (e.g., for 12.34%, type 12.34)