Barry’s Bagel Emporium sells a dozen bagels for $5.00. This price is no longer high enough to create a profit. The owner decides
to raise the price. He does not want to alarm his customers with too large of an increase. He is considering four different plans. Plan A: Raise the price by $0.05 each week until the price reaches $8.00. Plan B: Raise the price by 10 percent each week until the price reaches $8.00. Plan C: Raise the price by the same amount each week for 6 weeks, so that in the sixth week the price is $8.00. Plan D: Raise the price by $0.25 each week until the price reaches $8.00. Which plan will result in the price of the bagels reaching $8.00 fastest? plan A plan B plan C plan D
