Rick has an income of $100,000 that he is willing to spend over a year. If his bank account is giving him 2.50% and the cost associated for him to visit the bank is $2.00. What is the optimal number...

Rick has an income of $100,000 that he is willing to spend over a year. If his bank account is giving him 2.50% and the<br>cost associated for him to visit the bank is $2.00. What is the optimal number of bank trip for Rick?<br>a. 25<br>O b. 4,000<br>O c. 1,250<br>d. 2,000<br>Type here to search<br>23<br>

Extracted text: Rick has an income of $100,000 that he is willing to spend over a year. If his bank account is giving him 2.50% and the cost associated for him to visit the bank is $2.00. What is the optimal number of bank trip for Rick? a. 25 O b. 4,000 O c. 1,250 d. 2,000 Type here to search 23

Jun 10, 2022

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Rick has an income of $100,000 that he is willing to spend over a year. If his bank account is giving him 2.50% and the cost associated for him to visit the bank is $2.00. What is the optimal number...

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