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Janes current income is $50,000; next year she will earn $35,000. She plans to consume $20,000 this year. Jane can save and borrow at an

Janes current income is $50,000; next year she will earn $35,000. She plans to consume $20,000 this year. Jane can save and borrow at an interest rate of 9 percent. What will Janes consumption potential be next year?

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