ASAP Carmen wants to invest her recent bonus . She found two options with different interest rates for investments . The plot shows the interest Carmen gains depending on the number of months she holds her investment . After how many months will Option B always be more beneficial ?
a)32
b)0
c)12
d)48
Answers
Given : Carmen wants to invest her recent bonus .
She found two options with different interest rates for investments .
The plot shows the interest Carmen gains depending on the number of months she holds her investment .
To Find : After how many months will Option B always be more beneficial ?
a)32
b)0
c)12
d)48
Solution:
Option A is in green color
option B is in blue color
x axis shows months
y axis shows interest
form the graph
up to 12 months option B has more interest than option A
but
from 12 to 48 months option B has less interest than option A
After 48 months
option B always has more interest than option A
Hence After 48 months Option B always be more beneficial
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