Question: < Question 4 of 18 > possible This question: 1 point(s) possible An annuity pays $1100 per year for 10 years. Inflation is 6

< Question 4 of 18 > possible This question: 1 point(s) possible An annuity pays $1100 per year for 10 years.

< Question 4 of 18 > possible This question: 1 point(s) possible An annuity pays $1100 per year for 10 years. Inflation is 6 percent per year. a. If the real MARR is 7 percent, what is the current dollar MARR? b. Using the current dollar MARR from part (a), calculate the present worth of the annuity. a. The current dollar MARR is percent. (Type an integer or decimal rounded to two decimal places as needed.) b. The present worth of the annuity is $ (Type an integer or decimal rounded to two decimal places as needed.)

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