Theresa Nunn is plan- ' "ing a 30-day vacation on Pulau Penang, Malaysia, one year from now. The present charge for a luxury suite .P!tis meals in Malaysian ringgit (RM) is RM1,045/day. The Malaysian ringgit presently trades at RM3.1350/$. She determines that the dollar cost today for a 30-day stay would be $10,000. The hotel informs her that any increase in its room charges will be limited to any increase in the Malaysian cost ot living. Malaysian indation is expected to be 2.759 per annum, while U.S. inflation is expected to be 1.25%. a. How many dollars might Theresa expect to need one year hence to pay for her 30-day vacation? b. By what percent will the dollar cost have gone up? Why?