Jamie is saving for a trip to europe. she has an existing savings account that earns 2 percent annual interest and has a current balance of $4,500. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,500 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 5 percent.
a. if jamie were to withdraw the $1,500 from her savings account to finance the trip, how much interest would she forgo? $. if jamie borrows the $1,500 how much will she pay in interest? $

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.