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malaysian island resort. theresa nunn is planning a​ 30-day vacation on pulau​ penang, malaysia, one year from now. the present charge for a luxury suite plus meals in malaysian ringgit​ (rm) is rm​/day. the malaysian ringgit presently trades at rm​/$. she determines that the dollar cost today for a​ 30-day stay would be ​$. the hotel informs her that any increase in its room charges will be limited to any increase in the malaysian cost of living. malaysian inflation is expected to be ​% ​annum, while u.s. inflation is expected to be ​%. a. how many dollars might theresa expect to need one year hence to pay for her​ 30-day vacation? b. by what percent will the dollar cost have gone​ up? why?

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