Question: QUESTION 14 Continue using the same environment for this question: Sheila lives for two periods. She earns $100 in the first period and $110 in

QUESTION 14 Continue using the same environment for this question: Sheila lives for two periods. She earns $100 in the first period and $110 in the second period. She wants to consume exactly the same amount in both periods. The interest rate at which she can save and borrow is 10%. There is no inflation. Return to initial conditions, i.e., first-period income at $100 and second-period income at $110, and a 10% interest rate. Imagine that now, instead of consuming equal amounts in both periods, Sheila wants to consume 20% more in the first period than in the second period. What is her optimal consumption in the first period? Approximate your answer to three decimal places

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