Obviously, the lifetime membership isn’t a good deal if you only remain a member for a couple of years, but if you remain a member for 40 years, it’s a great deal. suppose that the appropriate annual interest rate is 8.9%. what is the minimum number of years that lloyd must remain a member of the adla so that the lifetime membership is cheaper (on a present value basis) than paying $750 in annual membership dues? (note: round your answer up to the nearest year.)

Hello!
your answer should be c

First, think of what you know. you know that the number t the end of the equation will need to be subtracted because it is the money he lost from buying the lawn mower. and your first two weeks have negative profit, so that tells you that c and d are wrong. now you can plug any of the weeks into a and b to see which one works. i'll start with plugging week 1 into a.this isn't right because it says your answer for week one should be -90.so now we need to try the same thing with b.this one got you the right answer, (sometimes if you only check with one of the weeks multiple will work so you need to check with more of the weeks, but it worked out fine here)this means that b is the correct answer.let me know if you need more clarification. i hope this : )