Q8 [2 pts] $1000 is deposited into an account earning an annual nominal rate of interest of 8% compounded semi- annually. After 10 years the accumulated value in the account is A. If the annual effective rate of inflation over the time period is 5% then the accumulated value in real terms is B. Find the ratio A/B. Answer to 3 decimal places.

$1000 is deposited into an account earning an annual nominal rate of interest of 8% compounded semiannually. After 10 years the accumulated value in the account is A. If the annual effective rate of inflation over the time period is 5% then the accumulated value in real terms is B. Find the ratio A/B. Answer to 3 decimal places