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The following data are? given: Et? = yen105 ?= $1

Economics

The following data are? given: Et? = yen105 ?= $1.00 Et?+1? = yen120 ?= $1.00 ?(one year? later) iJapan? = 12?% annually iU.S.? = 15?% annually Calculate the future value of? $1,000 in one year invested in the United States and Japan. If invested in the United?States, the future value is ?$___

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