Bridget Cheungis getting ready to open a small restaurant. She is on a tight budget and must choose between the following long- Plan A: Pay $0.07 per minute of long-distance calling. Plan B: Pay a fixed monthly fee of $14 for up to 280 long-distance minutes and $0.05 per minute thereafter (if she uses fewer than 280 minutes in any month, she still pays $14 for the month). Plan C: Pay a fixed monthly fee of $23 for up to 440 long-distance minutes and $0.04 per minute thereafter (if she uses fewer than 440 minutes, she still pays $23 for the month). 1. Match the graphs to the total monthly costs of the three plans for different levels of monthly long-distance calling. 2. Which plan should Cheung choose if she expects to make 100 minutes of long-distance calls? 280 minutes? 480 minutes? Requirement 1. Match the graphs to the total monthly costs of the three plans for different levels of monthly long-distance calling. Before we match the graphs to the plans, complete the following table, calculating the total costs for each plan at each of the different minute levels. (Round to the nearest cent.) Plan 100 minutes 280 minutes 480 minutes A B C
Bridget Cheungis getting ready to open a small restaurant. She is on a tight budget and must choose between the following long- Plan A: Pay $0.07 per minute of long-distance calling. Plan B: Pay a fixed monthly fee of $14 for up to 280 long-distance minutes and $0.05 per minute thereafter (if she uses fewer than 280 minutes in any month, she still pays $14 for the month). Plan C: Pay a fixed monthly fee of $23 for up to 440 long-distance minutes and $0.04 per minute thereafter (if she uses fewer than 440 minutes, she still pays $23 for the month). 1. Match the graphs to the total monthly costs of the three plans for different levels of monthly long-distance calling. 2. Which plan should Cheung choose if she expects to make 100 minutes of long-distance calls? 280 minutes? 480 minutes? Requirement 1. Match the graphs to the total monthly costs of the three plans for different levels of monthly long-distance calling. Before we match the graphs to the plans, complete the following table, calculating the total costs for each plan at each of the different minute levels. (Round to the nearest cent.) Plan 100 minutes 280 minutes 480 minutes A B C
Chapter3: Financial Statements, Tools, And Budgets
Section: Chapter Questions
Problem 3FPC
Related questions
Question
Bridget Cheungis getting ready to open a small restaurant. She is on a tight budget and must choose between the following long-
|
Plan A:
|
Pay
$0.07
per minute of long-distance calling. |
|
Plan B:
|
Pay a fixed monthly fee of
$14
for up to
280
long-distance minutes and
$0.05
per minute thereafter (if she uses fewer than
280
minutes in any month, she still pays
$14
for the month). |
|
Plan C:
|
Pay a fixed monthly fee of
$23
for up to
440
long-distance minutes and
$0.04
per minute thereafter (if she uses fewer than
440
minutes, she still pays
$23
for the month). |
|
1.
|
Match the graphs to the total monthly costs of the three plans for different levels of monthly long-distance calling.
|
||||||||||||||||
|
2.
|
Which plan should
Cheung
choose if she expects to make 100 minutes of long-distance calls?
280
minutes?
480
minutes?Requirement 1. Match the graphs to the total monthly costs of the three plans for different levels of monthly long-distance calling.
Before we match the graphs to the plans, complete the following table, calculating the total costs for each plan at each of the different minute levels. (Round to the nearest cent.)
|
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