one month from today, for the next 21 Next, Denise will invest $500 every month, at the end of month, beginning thirty years. The account is expected to earn 5.75%, compounded monthly What will the balance be in 30 years. a. 478,898.81 576,325.55 601,110.25 640,946.64 b. C. e none of the above 22 Refer to the previous question. If inflation is expected to be 3% over the next 30 years, using the real rate of interest, (nominal minus inflation), recalculate the previous question, reflecting the FVA's purchasing power in 2018 dollars. a. 213,325.00 b. 202,311.00 c. 192,315.00 d 180,742.00 e none of the above Use real rate of interest- nominal rate minus inflation rate-look it up