Question: The following data are given: Ex = 100 = $1.00 Ep+1 = 140 = $1.00 (one year later) Japan = 10% annually U.S. = 12%

The following data are given: Ex = 100 = $1.00 Ep+1 = 140 = $1.00 (one year later) Japan = 10% annually U.S. = 12% annually Calculate the future value of $1,000 in one year invested in the United States and Japan. If invested in the United States, the future value is $. (Round your response to the nearest penny.)

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