Question: why am I getting these wrong? Please show all steps #6 Assume the real rate of interest is 3.00% and the inflation rate is 4.00%.

why am I getting these wrong? Please show all steps #6

why am I getting these wrong? Please show all steps

#6 Assume the real rate of interest is 3.00% and the inflation rate is 4.00%. What is the value today of receiving 11,750.00 in 10.00 years? reattempted 5973.10 Submit incorrect Answer format: Currency: Round to: 2 decimal places. Correct Answer: $5,906.53 Points: 0 More Details Attempts Remaining: Infinity #6 #6 Assume the real rate of interest is 4.00% and the inflation rate is 2.00%. What is the value today of receiving 10,490.00 in 7.00 years? reattempted 6976.45 Submit incorrect Answer format: Currency: Round to: 2 decimal places. Correct Answer: $6,939.70 Points: 0 More Details Attempts Remaining: Infinity

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