What is the present value of these rental payments, Microeconomics

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What is the present value of these rental payments

Problem

You rent an apartment for two years. You owe a payment of today and another equal nominal payment next year. If the inflation rate is and the real interest rate is i, what is the present value of these rental payments?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is the present value of these rental payments

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Microeconomics: What is the present value of these rental payments

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