a. Someone in the 36 percent tax bracket can eami 7 percent annually on her investments in a tax-exempt iRA account. What will be the real value of a onetime $16,000 imvestment in 5 years? 10 years? 20 years? Assume that the rate of inflation during all these periods was 5 percent a yean You may use Appendix. C to answer the questions. Do not round intermediate calculations. Round your answers to the nearest doilar: in 5 years: 5 in. 10 years: 5 in 20 years: 5 b. Sambone in the 15 percent tax bracket can eam 15 percent annually on his investments in a tax-exempt iRA account. What will be the real value of a onetime $16,000 investment in 5 years? 10 years? 20 years? Assume that the rate of inflation during all these periods was 5 percent a year. You may use Appendix C to answer the questions. Do not round intermediate calculations: Round your answers to the nearest doliar: in 5 yearsis in 10 years: 5 in 20 years: $ TABLE C.3 APPENDIX Future Value of $1 at the End of n Periods