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  3. a consumer receives an endowment of $400.00 this p

A consumer receives an endowment of $400.00 this period and $200.00 next period. Currently the...

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A consumer receives an endowment of $400.00 this period and $200.00 next period. Currently the interest rate is 16.00%. The future value of the endowment is $ Part 2 ( 0.8 point) Suppose that instead the endowment is $480.00 this period and $260.00 next period. Suppose that the interest rate is still 16.00%. Now the future value of the endowment is $ With the new endowment, the consumer is Part 3 ( 0.8 point) See Hint Now suppose that the endowment is $350.00 in the first period and $175.00 in the second period. The interest rate is still 16.00%. Now the future value of the endowment is $ is Compared to the endowment in Part 1, with the new endowment, the consumer

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