your mom has offered you 2 options for your allowance. she will either give you $60 a month until you turn 18 or a penny for for the number of days old you are every month until you are 18.
your mom has offered you 2 options for your allowance. she will either give you $60 a month until
you turn 18 or a penny for for the number of days old you are every month until you are 18.
To get $60.00 at 1¢ per day, you need to be 6,000 days old.
6,000 days / 365 days/yr = 16.438 yr
So, when you're less than ~ 161/2 years old, the $60.00 is the better deal.
But, when you're ~ 161/2 years old or older, the pennies is the better deal.
Of course, you'd have to shlep 6,000 pennies down to the bank every time.
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