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Alex pays $ 2621.068 for an annuity that pays him $ 500 at the end of every 4 months for 2 years. Elinor pays$ 2482.165 for an annuity that pays her...
: Alex pays $ 2621.068 for an annuity that pays him $ 500 at the end of every 4 months for 2 years. Elinor pays $ 2482.165 for an annuity that pays her $ 700 at the end of every six months for 2 years. Who got the best deal? use Newton's method