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If $1000 is invested now, the future dollars required 10 years from now to earn a real interest rate of 6% per year, when the

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If $1000 is invested now, the future dollars required 10 years from now to earn a real interest rate of 6% per year, when the inflation rate is 4% per year, is closest to: A. $1480 B. $1790 C. $2650 D. Over $2700 Formula used: _____ If you expect to receive a gift of $50,000 six years from now, the present worth of the gift at a tea > > interest rate of 4% per year and an inflation rate of 3% per year is closest to: A. $37.200 B. $33.100 C. $20.800 D. $27.600 Formula used: _____ At an interest rate of 10% per year, the capitalized worth of $10.000 in year 0, $5000 per year in years 1 through 5, and $1000 per year thereafter forever is closest to: A. -$43, 221 B $38.954 C. $35.163 D. -$29.652 Formula used: _____

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