document.write( "Question 1176384: Alicia has invented a new app for smart phones that two companies are interested in purchasing for a 2-year contract.\r
\n" ); document.write( "\n" ); document.write( "Company A is offering her $10,000 for the first month and will increase the amount each month by $5,000.\r
\n" ); document.write( "\n" ); document.write( "Company B is offering $500 for the first month and will double their payment each month from the previous month.\r
\n" ); document.write( "\n" ); document.write( "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?\r
\n" ); document.write( "\n" ); document.write( "a)6
\n" ); document.write( "b)7
\n" ); document.write( "c)8
\n" ); document.write( "d)9 \n" ); document.write( "

Algebra.Com's Answer #803147 by MathLover1(20850) $\"\"$ $\"About$

You can put this solution on YOUR website!
Company $\"A\"$ is offering her $ $\"10000\"$ for the first month and will increase the amount each month by $ $\"5000\"$ .\r
\n" ); document.write( "\n" ); document.write( "Company $\"B\"$ is offering $ $\"500\"$ for the first month and will double their payment each month from the previous month.\r
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\n" ); document.write( "\n" ); document.write( "number of months.....Company $\"A\"$ .................Company $\"B+\"$
\n" ); document.write( "1................................$ $\"10000\"$ .......................$ $\"500\"$
\n" ); document.write( "2................................$ $\"15000\"$ .......................$ $\"1000\"$
\n" ); document.write( "3................................$ $\"20000\"$ .......................$ $\"2000\"$
\n" ); document.write( "4................................$ $\"25000\"$ .......................$ $\"4000\"$
\n" ); document.write( "5................................$ $\"30000\"$ .......................$ $\"8000\"$
\n" ); document.write( "6................................$ $\"35000\"$ .......................$ $\"16000\"$
\n" ); document.write( "7................................$ $\"40000\"$ .......................$ $\"32000\"$
\n" ); document.write( " $\"highlight%288%29\"$ ................................$ $\"45000\"$ .......................$ $\"64000\"$ \r
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\n" ); document.write( "\n" ); document.write( "so, answer is c) $\"8\"$ \r
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