Two friends decide to go on a vacation. They withdraw $2,500 from their savings account. As a result of this transfer by itself

A. M1 decreases by $2,500 and M2 stays the same.

B. M1 increases by $2,500 and M2 stays the same.

C. M1 decreases by $2,500 and M2 decreases by $2,500.

D. M1 increases by $2,500 and M2 decreases by $2,500.

Answer rating: 100% (QA)

The detailed answer for the above question is provided below The correct answer is C M1 ... View the full answer