With a salary of $43,300, a raise of 2.4%, and an inflation rate of 2.8%, then this person's real raise is negative, then include a minus symbol. (Enter as $xxx.xx) If the answer is a

Assume you have won a lottery prize of $5,000, which works out great since you want to buy a new gaming PC that costs $5,500. You decide to save the lottery winnings for one year by purchasing a bank CD with one year until maturity. The interest rate on your deposit is 12% and inflation is expected to be 8% over the next year. You plan to work part-time to make up any shortfall in your savings covering the cost of the gaming PC one year from now. a.  How much money will you have in your bank account at the end of one year? b. What is the real interest rate you expect to earn on your deposit over the next year?  c. Will you have enough money from the savings to buy the PC next year? d. If your answer to c. is no, how many hours of work @ $15/hour will be required to make up the shortfall?

The purchase of a car requires a $30, 000 loan to be repaid in monthly installments for four years at 18% interest compounded monthly. If the general inflation rate is 6% compounded monthly, find the actual and constant dollar value of the 20th payment of this loan. Include both a CFD in actual dollars and a CFD in constant dollars.

Required information In wisely planning for your retirement, you invest $18,000 per year for 20 years into a 401K tax-deferred account. Assume you make a real return of 10% per year when the inflation rate averages 2.8% per year. How many future dollars will you have in the account immediately after your last deposit? You will have $ |future dollars in your account immediately after your last deposit.

The idea that a regular annual inflation rate of 35 per cent requires CPP adjustments, but a regular annual inflation rate of 25 per cent does not, is quite absurd. Discuss.

The consumer price index (CPI) of a country was approximately 200 at the beginning of year 2010. If inflation continued at an average rate of 2.5%, what would the index be at the beginning of year 2021?

Required information In wisely planning for your retirement, you invest $34,000 per year for 20 years into a 401K tax-deferred account. Assume you make a real return of 10% per year when the inflation rate averages 3.3% per year. How many future dollars will you have in the account immediately after your last deposit? You will have $ | future dollars in your account immediately after your last deposit.

if inflation is running at 8% and you want to negotiate a 2% raise in your salary, how large a raise should you ask for?      2%     6%     8%     10%

If inflation rate is 1% and nominal interest rate is 2.1%  What will be the real interest rate

A person's savings eams an effective annual rate of return of 9%. Income tax is paid on the interest earned at a rate of 55%. If the inflation rate is 3% per year, what is the annual after-tax real rate of return? Answer as a percentage, correct to 2 decimals.