#$13$

Suppose you deposit $$1,056\mathrm{.}00$ into an account $4\mathrm{.}00$ years from today that earns $11\mathrm{.}00\%.$ It will be worth $$1,773\mathrm{.}00$ years from today.

Answer format: Number: Round to: $2$ decimal places.

Attempts Remaining: Infinity

Assume the real rate of interest is $4\mathrm{.}00\%$ and the inflation rate is $6\mathrm{.}00\%.$ What is the value today of receiving $14,780\mathrm{.}00$ in $7\mathrm{.}00$ years?

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