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Garth inherited $25,000. He needs to decide now much to spend now and how much to save for later. If he saves the money, then
Garth inherited $25,000. He needs to decide now much to spend now and how much to save for later. If he saves the money, then he can earn 15% interest on the total before he spends it. Using the information about his marginal utility in the table below, Garth should:
Your response did not use marginal analysis and it had inaccurate calculations. $25,000 x .15 is NOT 8,750. What a joke of a service based on this.
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