Homework Answers
change in Debt = Expenditures - Revenues
Year 1 = Debt = 630 - 1 = 629
Year 2 = Expenditures = 215 + 3 = 218
Year 3 = Debt = 626 - 6 = 620
Year 4 = Revenues = 230 + 1 = 231
Year 5 = Debt 619 - 15 = 604
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