Re: JNU Questions

Posted by Akshay Jain on May 16, 2013; 4:56pm
URL: http://discussion-forum.276.s1.nabble.com/JNU-Questions-tp7580796p7580840.html

his expected lifetime income is rs 27 laks
for equal consumption every month in all the periods divide 27 laks by 12*60
we vl get rs 3750, dis is the consumption per month requard in 60 years
his youth per month income is 2500 so saving is 2500-3750=-1250.
dis means that he has to borrow rs 1250 per month in his youth