Today you deposit $ 200 in a bank account that pays 1% per year. If inflation is 2.5% per year, how much will you have in the account at the end of 15 years in current dollars and how much is the purchasing power based on year 0 (real dollars) of the money you have in the account at the end of 15 years.

Fill in the blanks:

1.Current dollars at the end of year 15 will be $

2. The purchasing power of what is in the account at the end of year 15, based on year 0 (real dollars) is $