Answer:
A = $47,500.00, B = $65,536.00; B, because he receives $18,036.00 more
Step-by-step explanation:
Option A Versus Option B
Option A Option B
Day Amount Deposited Day Amount Deposited
0 $40,000.00 0 $1.00
1 $40,250.00 1 $2.00
2 $40,500.00 2 $4.00
...
30 $47,500 16 $65,536.00
Answer:
A = $47,500.00, B = $65,536.00; B, because he receives $18,036.00 more
