Mathematics, 08.05.2021 18:00, littlepotato10

Mark’s annual after tax income earnings are $50,000. His $40,000, 3-year CD is maturing in the near future and he is planning to spend the interest on a 6 week holiday after that. His investments can earn a total of 10% before he starts his trip. If Mark's “present consumption” is the time he spends working and his “future consumption” is his trip, his optimal choice from the table below is to

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Mark’s annual after tax income earnings are $50,000. His $40,000, 3-year CD is maturing in the near...