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Mathematics, 02.11.2020 22:50 pandaho

A retirement plan has two investment options. Option A generates a lump sum of $7,400 and then $137 per month. Option B generates a lump sum of
$5,600 and then $217 per month. How many months (m) are needed for
option B to generate more income than option A?

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Answers: 1

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A retirement plan has two investment options. Option A generates a lump sum of $7,400 and then $137...
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