If land values stay constant (i.e. i is zero) for the next 1.4 years and the general inflation rate is 2%, by what percentage has the real value of land changed during this time period? Hint: Use the formula from the last question but raise the quotient of the division problem to the appropriate number of years. Make sure to express your final answer as a percentage

t i*_t = [{(1 + i_t) / (1 + I_t)} - 1] x 100