Illustrate what is present value assuming a discount rate

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Q. Tessa's break-even income is $10,000 also her Mpc is .75. If her actual disposable income is $16,000, her level of consumption or saving will be illustrate what?

Q. Illustrate what is the present value of R1000 to be received in 10 yrs time assuming a discount rate of 12% pa?

Reference no: EM1343735

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