Assume the nominal rate of return is 8.59% and the real rate is 2.08%. Find the inflation rate of return using the exact formula.

Answer format: Percentage Round to: 0 decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09))

Suppose you deposit $1,609.00 into and account 6.00 years from today into an account that earns 9.00%. How much will the account be worth 18.00 years from today?

Answer format: Currency: Round to: 2 decimal places.

Suppose you need to have $51,543.00 in an account 20.00 years from today and that the account pays 10.00%. How much do you have to deposit into the account 5.00 years from today?

Answer format: Currency: Round to: 2 decimal places.

Could really use the help! Please show all steps (not excel) for better understanding :) Thank You.