The month in which Company B's payment will first exceed Company A's payment is C) Month 7.
Step-by-step explanation:
Step 1:
Company A offers $6,000 for the first month and increases the salary each month by $5,000.
Company B offers $700 for the first month but doubles the payments each month.
We need to determine which month company B's payment is greater than company A's payment.
Step 2:
According to the table, at month 6 company A pays $31,000 while company B pays $22,400.
However after this month, in the seventh-month company A pays $36,000 while company B pays $44,800, which is higher than company A's salary.
So The month in which Company B's payment will first exceed Company A's payment is C) Month 7.
Solution:
(6y^2-9y+4)-(-7y^2+5y+1)
Distribute to get rid of ( )
6y^2-9y+4+7y^2-5y-1
Combine like terms
13y^2-14y+3
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25.5% is your answer i believe
Then, he would take = $850/94 = 9.04
atleast 9.04 weeks for repaying that.......
