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Mr. Skeng estimates his income next year will be zero because of the general economic conditions. Further, his current year income will be $250. The

Mr. Skeng estimates his income next year will be zero because of the general economic conditions. Further, his current year income will be $250. The market interest rate is 12%. If he consumes 40% of his current year's income and invest the rest, how much funds will be have available for his consumption?

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