Show all values to the nearest Dollar. All work/steps must be shown. You can add extra lines where needed.

A.) A young engineer plans to save money for a start-up company. She saves $8,000 per year earning 12% annually for 5 years. The rate of inflation during this period is expected to be 4%. How much will she have saved by the end of 5th year in actual and real Dollars?

B.) The engineer in Question A, decides instead to save in a foreign country earning 15%/year, where the foreign currency is devalued against the US Dollar by 8% annually. What is the equivalent rate of return in the US to two places of decimal?