Springboard Geometry Chapter 21 Mid-Unit Assessment
1 answer:
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Answer: They will charge same amount for 360 minutes of calls.
Step-by-step explanation:
A phone company offers two monthly plans plan A cost $9 Plus And additional 0.12 $ for each minute of calls. Plan B cost $27 plus an additional $0.07 for each minute of calls
For what amount of calling do the two plans cost the same?
Let the each minute of calls be 'x'.
So, for plan A would be
plan A cost $9 Plus And additional 0.12 $ for each minute of calls is expressed as
Plan B cost $27 plus an additional $0.07 for each minute of calls is expressed as
According to question, it becomes,
Hence, they will charge same amount for 360 minutes of calls.
The correct option will be: d. 0.4%
For finding the periodic interest rate , we need to divide the annual interest rate by the number of times interest calculated in a year.
Here, the simple interest is calculated monthly, that means the number of times interest calculated in a year will be 12.
Annual interest rate is 4.8%
So, the periodic interest rate = %