Homer Simpson plans to retire in 25 years (1st withdrawal in year 26). He is told by Ned Flanders that a desirable standard of living in 26 years will require $180,249 per year. Homer wants to be able to maintain that level of purchasing power forever (Assume inflation = 3% per year). Homer plans to increase his savings by 2% per year and expects to earn 6% per year on his investments. How much does Homer have to save the first year to fund his retirement goal?
A) $84,537
B) $109,512
C) $90,647
D) $67,985
E) $164,795

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

b is the correct answer

answer; be sure that the information on file is correct;

answer(d) encourage cooperation by improving the chances of mutually agreeable transactions;