You have been promised to receive $46,600 today and an additional $32,600 in 6 years. The money will be deposited into a trust account and you will not be able to access the funds until 15 years from today. Inflation rates for the next 15 years are expected to be 1.800% per year. The trust account has a market interest rate of 5.100% per year. a) How much money will be in the trust account in 15 years?

b) What will be the purchasing power of the money in the account after 15 years, expressed in todays dollars?

c) What is the real rate of reurn on the money deposited into the trust account?