Initially, Lucia earns a salary of $600 per year and Kenji earns a salary of $400 per year. Lucia lends Kenji $200 for one year at an annual interest rate of 12% with the expectation that the rate of inflation will be 10% during the one-year life of the loan. At the end of the year, Kenji makes good on the loan by paying Lucia $224. Consider how the loan repayment affects Lucia and Kenji under the following scenarios. Suppose all prices and salaries rise by 10% (as expected) over the course of the year. In the following table, find Lucia's and Kenji's new salaries after the 10% increase, and then calculate the $224 payment as a percentage of their new salaries.

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number

answer; offer in store wine and beer samples;

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