Advanced analysis linear equations for the consumption and saving schedules take the general form: c = a + by ands = -a + (1-b)ywhere c, s, and y are consumption, saving, and national income, respectively. the constant a represents the vertical intercept, and b represents the slope of the consumption schedule. a. use the following data to substitute specific numerical values into the consumption and saving equations.

Carmen’s beauty salon has estimated monthly financing requirements for the next six months as follows: january $ 9,000 april $ 9,000 february 3,000 may 10,000 march 4,000 june 5,000 short-term financing will be utilized for the next six months. projected annual interest rates are: january 9 % april 16 % february 10 may 12 march 13 june 12 what long-term interest rate would represent a break-even point between using short-term financing and long-term financing?