Homework Sourseparsons bank offers two checking account plans the no frills
parsons bank offers two checking account plans the no frills plan charges 45 cents per check whereas the simple plan checking plan costs $8 per month plus 20 cents per check for what number of checks per month will the simple checking plan cost less?
parsons bank offers two checking account plans the no frills plan charges 45 cents per check whereas the simple plan checking plan costs $8 per month plus 20 cents per check for what number of checks per month will the simple checking plan cost less?
parsons bank offers two checking account plans the no frills plan charges 45 cents per check whereas the simple plan checking plan costs $8 per month plus 20 cents per check for what number of checks per month will the simple checking plan cost less?
Solution
let number of checks be x.
Cost of no frills plan charges = 45x
Cost of simple checking plan = 800 + 20x
So, 800 + 20x < 45x
or, 800 < 25x
or, x > 32
So, for 33 number of checks per month will the simple checking plan cost less
