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3 years ago

PLEASE HELP QUICKLY!!! A student's parents offer him one of two options to receive scholarship money for college.

Mathematics

1 answer:

emmainna [20.7K]3 years ago

7 0

Answer:

A = $47,500.00, B = $65,536.00; B, because he receives $18,036.00 more

Step-by-step explanation:

Option A Versus Option B

Option A Option B

Day Amount Deposited Day Amount Deposited

0 $40,000.00 0 $1.00

1 $40,250.00 1 $2.00

2 $40,500.00 2 $4.00

...

30 $47,500 16 $65,536.00

Answer:

A = $47,500.00, B = $65,536.00; B, because he receives $18,036.00 more

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