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The following data are given: E t = 1 0 5 = $ 1 . 0 0 E t + 1 = 1 0 0

The following data are given:
Et=105=$1.00
Et+1=100=$1.00(one year later)
?Japan=5% annually
iU.S.=5% annually
Calculate the future value of $1,000 in one year invested in the United States and Japan.
If invested in the United States, the future value is $ (Round your response to the nearest penny.)
If invested in Japan (and repatriated back to dollars), the future value is $
(Round your response to the nearest penny.)
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