Business, 05.03.2020 10:12 shealynh52
Mike and Kate plan to save money for their wedding over a 20 month period. They will need to save $8,000 to help pay for the wedding. They set aside the same amount each month. After a year they saved $4,000. Mike and Kate know they must adjust their plan in order to meet their goal, so they came up with the following options:Option A: Stay with saving the same amount they've been saving each month but postpone the wedding 2 months. Option B: Increase the amount of money they save each month by $80 from what they've been saving. Which of the following is a true statement?a. Only option A will allow them to meet their goal. b.Only option B will allow them to meet their goal. c.Both options A and B will allow them to meet their goal. d.Neither option A nor option B will allow them to meet their goal
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Mike and Kate plan to save money for their wedding over a 20 month period. They will need to save $8...
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