A bank offers two checking plans. The anywhere plan charges 20 cents per check. The Accucheck plan costs 60 cents a month, plus 15 cents per check.
For what number of checks will the accucheck plan cost less thaan the anywhere plan?
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OpenStudy (anonymous):
For more than 12 checks
OpenStudy (tad1):
a=.20c
b = .60 + .15 c
set a = b
.20c = .60 + .15c
.5c = 60
OpenStudy (anonymous):
more than 12 checks? or 12 or more checks?
OpenStudy (tad1):
.05c = 60
c = 60/.05
c = 120
OpenStudy (anonymous):
More than 12 checks. At 12, it's equal.
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OpenStudy (tad1):
aq147852 you divided by 5 not .05
There's only 5 cents there
OpenStudy (anonymous):
@tad1: You've made a mistake. It should be 0.60/0.05, not 60/0.05
OpenStudy (anonymous):
Back substitute and you'll see
OpenStudy (tad1):
thanks, you're right
OpenStudy (anonymous):
Thank you!
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OpenStudy (anonymous):
aq one last question. I have options and there is an option of 12. Should I mark 12 or more than 12? Just want to be sure.
OpenStudy (anonymous):
More than 12. If you have 13, that's your answer!
OpenStudy (anonymous):
thank you!
OpenStudy (anonymous):
@tad1: No problem! And you explained the whole sum, which is great!
@rachelgreen13: You're welcome!