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Suppose you deposit $1,004.00 into an account 5.00 years from today that earns 12.00%. It will be worth $1,861.00 years from today. Submit Answer format:

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Suppose you deposit $1,004.00 into an account 5.00 years from today that earns 12.00%. It will be worth $1,861.00 years from today. Submit Answer format: Number: Round to: 2 decimal places. Assume the real rate of interest is 2.00% and the inflation rate is 4.00%. What is the value today of receiving 14,545.00 in 7.00 years? Submit Answer format: Currency: Round to: 2 decimal places

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