Mathematics, 02.12.2020 06:00 robert7248
Tyrone has invented a new app for smartphones that two companies are interested in purchasing for a 2-year contract.
Company A is offering him $1,000 for the first month and will increase the amount each month by $50.
Company B is offering $500 for the first month and will increase the amount each month by $100.
Monthly payments are made at the end of each month. For which monthly payment will company B’s payment first exceed company A’s payment?
Answers: 3
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