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#14 Assume the real rate of interest is 2.00% and the inflation rate is 2.00%. What is the value today of receiving 14,089.00 in 14.00

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#14 Assume the real rate of interest is 2.00% and the inflation rate is 2.00%. What is the value today of receiving 14,089.00 in 14.00 years? Subm Answer format: Currency: Round to: 2 decimal places $15 Assume the nominal rate of return is 9.03% and the inflation rate is 7.95%. Find the real rate of return using the exact formula. Submit Answer format: Percentage Round to: O decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09)

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