Question

Tina is saving to buy a notebook computer. She has two options. The first option is to put $200 away initially and save $10 every month. The second option is to put $100 away initially and save $30 every month. After how many months would Tina save the same amount using either option? How much would she save with either option?

Answer 1

After 5 months Tina would save the same using either option, and the amount would be 250$