Question

We are all working in pandemic to save for tomorrow as our luxury spending or expenditure is not the same. You are requested to select an amount ie. AED 200

or 2000 and evaluate an appropriate economic analysis technique to calculate 15 days cash flow and recommend consequences or alternatives every day with justification. Also, you should consider or recommend an investment plan if you save for the same period with compounded rate of interest of 10% per day for the same 15 days, with future consequences if the selected amount was all or partially saved.

Fig: 1