James Bennett also allocates wealth between youth and old age. He has no cash currently in his youth), but will inherit $3000 in his old age. He can lend and borrow at the bank at 18% (that is, lending $1 in youth will give him $1.18 in old
age). He has an investment opportunity that costs $12,000 now in his youth and has a payoff of $15,000 in his old age.
This is the only investment opportunity available to him. What is the most he can consume in his youth?

step-by-step explanation:

given that there are two triangles j'k'l' and jkl>

the former is got by dilating the second one.

when drawn on a grid, (graph paper) coordinates of vertices of first triangle is

(6,12)j, (9,6)k and (12,9)l

side jk has length = distance between j and k

=

side j'k'=distance between j' and k'

=

ie j'k'l' has sides 1/3 of that of corresponding sides of jkl.

hence scale factor of 1/3 is used to get j'k'l'from jkl

the answer is 0052

0 0 5 2

5 0 2 6 3 5

− 0

2 6

− 0

2 6 3

− 2 5 0

1 3 5

− 1 0 0

3 5

d

step-by-step explanation:

the two points from this line are   (0,4)   & (2,-2)

we can call

now, lets find the slope (m):

now finding b (the y intercept). this is the point at the y-axis where the line cuts the axis. looking at the graph, it is y = 4. so the point is 4. hence b = 4

the slope-intercept form is given by  

putting the points, we have:

d is the correct answer.