Question: Please answer and explain how you got it asap 9. Assuming no bequests, with a real interest rate of 10 percent, wealth of $60,000, current

Please answer and explain how you got it asap 9. Assuming

Please answer and explain how you got it asap

9. Assuming no bequests, with a real interest rate of 10 percent, wealth of $60,000, current income of $70,000, current consumption of $30,000 and future income of $100.000, future consumption equals A) $100,900 B) $70.000 C) $210.000 D) $30.000

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