Question: do not know how to real interest rate for question 4 Question 3 5 pts Suppose you deposit $7,330 today at an interest rate of

do not know how to real interest rate for question 4

Question 3 5 pts Suppose you deposit $7,330 today at an interest rate of 8.50% interest compounded annually. Assuming no withdraws, how much would you have at the end of 6 years? Round to two decimal places to the right of the decimal. 11,958.66 Question 4 5 pts Using the information from the previous question, if the inflation rate is 2.45%, what is the real interest rate? Round your answer to two (2) decimal places to right of the decimal. D Question 4 5 pts Using the information from the previous question, if the inflation rate is 2.45%, what is the real interest rate? Round your answer to two (2) decimal places to right of the decimal. Question 5 5 pts At the end of 6 years, how much money would be in the account in today's dollars (i.e. use the interest rate you calculated in the previous question)

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