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Youle maney wer depsted into trustaeount and you wil no be able to acess the funds $ 2 9 , 3 0 0 in 7

Youle maney wer depsted into trustaeount and you wil no be able to acess the funds
$29,300 in 7 years.
until 11 years from today. Inflation rates for the next 11 years are expected to be
1.500% per year.
The trust account has a market interest rate of 4.900% per year.
a) How much money will be in the trust account in 11 years?
b) What will be the purchasing power of the money in the account after 11 years, expressed in todays dollars?
c) What is the real rate of return on the money deposited into the trust account?

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