The next questions refer to the following.
Current income is 300, expected future income is 363, and the interest rate is 10%.
-If consumption is to be the same in each period,each period's consumption must be
A) 330
B) 300
C) 331.5
D) 333
E) 363

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The Answer of The next questions refer to the following.
Current income is 300, expected future income is 363, and the interest rate is 10%.
-If consumption is to be the same in each period,each period's consumption must be
A) 330
B) 300
C) 331.5
D) 333
E) 363

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