Ms. Anderson has $60,000 income this year and $40,000 next year. The market interest rate is 10 percentper year. Suppose Ms. Anderson consumes $80,000 this year. What will be her consumption next year?

asked May 28, 2021 233k views

5 votes

by Ajamu

6.2k points

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6 votes

Answer: A

Explanation: 60000 - 80000 = -20000

-20000 * 1.1 = -22000

-22000 + 40000 = 18000

PVR answered May 29, 2021

by PVR

5.8k points

3 votes

They answer is b B ???????????????????????????

Saunders answered Jun 1, 2021

5.7k points

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