Cox Media Corporation pays a 10 percent coupon rate on debentures that are due in 20 years. The current yield to maturity on bon
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Let x be the number of texts (amount of texts) Carly does in a month.
Let y be the "total" amount Carly will have to pay in a month.
Then, as per the TURKEY plan, Carly's monthly total cost will be represented by the equation as shown:
As we can clearly see in the above equation even if Carly does not text a single message (when x=0), even then they will have to pay $20 for that month.
For the GOBBLE plan, the equation will be: .
In this plan as there is no fixed charge, Carly wont have to pay anything extra if they dont make a call.
To find the better buy divide 4.50 by 5 to find the unit rate for the 5-pound bag, and compare that number to $0. 80 per pound.
The cost price per pound is the amount of money required to buy one pound of a brand or goods.
To find the cost price per pound, divide the total amount of cost of the goods to the total number of goods.
At one farmer’s market, bananas cost $0.80 per pound.
At another farmer’s market, bananas are sold in 5-pound bags for $4. 50 per bag. To compare it with first market price, divide the 5 pound bags with $4.50.
The cost of one bag in this market is,
As this cost is less, thus, the cost of this market for one banana is less than the first market and so this is the better buy.
Hence, to find the better buy divide 4.50 by 5 to find the unit rate for the 5-pound bag, and compare that number to $0. 80 per pound.
Learn more about the cost price per pound here;