I am trying to figure out how to graph the answer the below question I got it wrong on my test and dont want to get it wrong on the exam - as my instructor noted that it will be part of the final exam

1. (60 points total) ) Homer Simpson, does not abide by the life cycle theory of consumption.Homer has a "let's live life like it's our last day" mentality and thus, he prefers to consume more today, relative to the future. In particular, Homer prefers to consume exactly twice as much today (c), relative to consumption next period (c^f).Homer's current income = $200K and his future expected income = $200K.He has no wealth (neither current nor expected) since he lives like today is his last. Given that Homer faces a real interest rate of 5% ( 0.05). Please answer the following questions.

a)(5 points) Calculate Homer's optimal consumption bundle showing all work.Then draw a completely labeled graph (the two period consumption model) depicting this initial optimal consumption bundle as point C*