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The model drawings helps you to understand how the equations are derived.
Increase in Savings: 30% of 10S = 3S
Increase in Spending: 10% of 10P = 1P
Hope this helps you.
Increase in Savings: 30% of 10S = 3S
Increase in Spending: 10% of 10P = 1P
Hope this helps you.
Date Posted:
5 years ago