b) 0
From the plot, we can see that Option B always has a higher interest rate than Option A regardless of the number of months Carmen holds her investment. Therefore, Option B will always be more beneficial from the start.
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
1 answer
1 answer