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Currently, T makes $102,O00 per annum. Next year their income will be $143,000. T is a big spender and wants to consume $182,400 a year.

Currently, T makes $102,O00 per annum. Next year their income will be $143,000. T is a big spender and wants to consume $182,400 a year. The equilibrium interest rate is 6 percent. What will be T's consumption potential next year if they consume $182,400 this year? a) $62,600 b) $85,224 Oc) $57,776 d) $80,400

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