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You plan to invest $4,067 today in an account earning 7% interest compounded annually for...

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Accounting

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You plan to invest $4,067 today in an account earning 7% interest compounded annually for 5 years. You estimate inflation will average 4% per year. A. What real interest rate will you earn? B. How much money will be in the account at the end of those 5 years? C. What is the account's value in year- 0 dollars? As your answer, submit the value you get from (BC)A For example, if you found A=2.43%,B=4,613, and C=3,956, your answer should be (46133956)2.431596.51 Note: You may need the F[P or P|F formulas for this

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