Question 7 • 26-27 RPA Financial Math - MA2007 IC
The original monthly savings amount is $6,000 ÷ 12 = $500. With Option A, saving $500 for six more months gives them $3,100 + $3,000 = $6,100. With Option B, they save $100 more each month, or $600, for the five months left in the original schedule, giving them $3,100 + $3,000 = $6,100. Either option reaches the $6,000 goal, so the correct choice is “Either option A or B will allow them to meet their goal.”
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