Question: Problem 2 (a) What annual deposit is required for 5 years to accumulate an amount of money with the same purchasing power as $658.58 today,

 Problem 2 (a) What annual deposit is required for 5 years

Problem 2 (a) What annual deposit is required for 5 years to accumulate an amount of money with the same purchasing power as $658.58 today, if the market interest rate is 10% per year and the inflation is 896 per year? (b) What is the real interest rate

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