Use the Following Information for Questions

Multiple Choice

Use the following information for questions
Suppose there is one depositor who earns an income of $100 in each period.She spends $50 for consumption and the remainder goes to her savings account.Assume that a bank doesn't do anything with this money except safeguards it.The bank charges $5 for safeguarding fee.
-A known fraction of 0.4 of the depositors will withdraw at t = 1.How much will they receive?

A) $45
B) $90
C) $98
D) $135
E) $196