A cell phone company offers two different plans. Plan A costs $96 per month for unlimited talk and text. Plan B costs $0.20 per minute plus $0.10 per text message sent. You need to purchase a plan for your teenage sister. Your sister currently uses 1,750 minutes and sends 1,700 texts each month.   What is the total cost under each of the two plans?  Suppose your sister doubles her monthly usage to 3,500 minutes and sends 3,400 texts. What is your sister’s total cost under each of the two plans?

Q: this family uses rechargeable batteries, how much will they spend on batteries plus the charger in 5…

A: Given in the question: A Family with kids requires = 04 Batteries per month 4-Pack Disposable…

Q: buys bottles of water from the grocery store, but is now considenng the nvironmental ramifications…

A: In cost of loan will increase the cost and that would increase the cost of manufacturing.

Q: A graphic designer needs a laptop for audio/video editing, and notices that they can elect to pay…

A: Present value refers to the money received today being more valuable than the money will receive…

Q: When preparing for a business trip to China, Kaylee Putbrese borrow for a simple discount note at 5%…

A: A simple discount, also known as a bank discount, is a financial concept that refers to the interest…

Q: You run a school in Florida. Fixed monthly cost is $5,201.00 for rent and utilities, $6,083.00 is…

A: Mainly there are two types of costs being incurred by the business. One is fixed costs and other is…

Q: A young couple planning for their future is considering purchasing a franchise for pizza business.…

A: Here, Cost = $35,000 Total years = 5 years interest rate = 3% per quarter compounded daily

Q: a. How many pizzas must he sell each month to break even under these conditions? b. If he is…

A: Break-even analysis assesses the point at which total revenue equals total costs, determining the…

Q: 1. Your best friend, Mario, makes the most awesome pizza in town! He’s decided to open a pizza shop…

A: Note: "Since you posted multiple questions, we will solve the first question for you. To get a…

Q: Merita is shopping for a new car. She checked her budget, and is comfortable with a car payment of…

A: Present value of annutiy is computed as follows:-PV = A*wherePV = present value of annuityA =…

Q: Your local gift shop starts a membership program for its loyal customers. Customers who have a…

A: Discount rate = 18%Average yearly spending = $500Market interest rate = 4.8%Membership card term = 9…

Q: nsidering changing her cell p

A: Plan 1: $20 per weekTotal cost for 4 weeks: $20/week * 4 weeks = $80Plan 2: $20 per week with a…

Q: Abraham finds the juicer he wants to buy at two different stores. The discount store regularly…

A: The discount refers to the deduction made in the price of a commodity. It is used by sellers to…

Q: A cell phone company offers two different plans. Plan A costs $87 per month for unlimited talk and…

A: Plan A: It cost $87 per month with unlimited talk and Text. The cost of Plan A under both Conditions…

Q: find annual profit. That is, find annual profit for each of these combinations of charge per copy…

A: Fixed Costs are those costs which remain fixed irrespective of the level of activity. Variable Cost…

Q: A furniture company is offering a choice of deals. You can receive $500 cash back on the purchase,…

A: When the lender lends a loan to the borrower, he charges a rate of interest on the borrowed amount.…

Q: t down to. One card has a 15% APR, and the other c 5% APR. You have carefully considered your budget…

A: In this we have to calculate monthly interest rate and present value FACTOR and from that we can…

Q: You are able to sell 15 gallons of ghost pepper sauce per month at a price of $200 per gallon. Re-…

A: Price per gallon (P) = $200 Number of gallons sold at price P (n) = 15 With every $9 reduction, 2…

Q: You work for a furniture store. You normally sell a living room set for OMR 4,000 and finance the…

A: Present Value:   The present value is the value of the sum received at time 0 or the current period.…

Q: We have offered to contribute $6,200 at the time of your purchase. The car plan to buy will cost…

A: Annuity means a series of finite number of payments which are the same in size and occur in the same…

Q: Suppose you want to buy some new furniture for your family room. ● You currently have $500, and the…

A: The number of periods can be computed using the NPER Function in excel.

Q: You are trying to decide between two mobile phone carriers. Carrier A requires you to pay $200 for…

A: Step 1:Equivalent Monthly Cost=Initial Cost*(r/12)/(1-1/(1+r/12)^n)+Monthly charges  Step 2:Carrier…

Q: You run a school in Florida. Fixed monthly cost is $5,730.00 for rent and utilities, $6,137.00 is…

A: The indifferent point also known as the break-even point is the point of sales where there is no…

Q: Camila Torres wants to buy a new high-end audio system for her car. The system is being sold by two…

A: The APR of a loan refers to the interest rate that the borrower pays on the amount that has been…

Q: wants to buy a new jacuzzi. The jacuzzi costs $1500 Teagan decides to finance the jacuzzi for 36…

A: Loans make easy to buy anything because you have to pay by monthly payment which are easy to pay and…

Q: If your vacation cabin had rainwater harvesting, you could use it more often. Your water utility…

A: Capital budgeting is the process that is utilized in making sound capital budgeting decisions…

Q: To buy some furniture, Asmaa can put $150 down and "don't pay a cent" for 6 months. At the end of 6…

A: Price of furniture is sum of amount financed and the down payment. Amount financed is calculated by…

Q: Kevin learns that the game he has long awaited will be released in two years. He is not sure that…

A: Future value is computed by following formula:-FV= A*(1+r)nwhereFV = future valueA = amount…

Q: Zoë is buying a new car. Because of her excellent credit, Zoë is getting her financing at 3.25% APR.…

A: Solution:- When an amount is borrowed, it can either be repaid as a lump sum payment or in…

Q: A vendor tries to sell you a subscription at $40 per user per month. You need 3 users to access the…

A: Cost is the specified amount of money that is required to be paid, before acquiring a good or…

Q: You decide to buy a $ 1,500 piece of furniture at a local furniture store. The furniture store asks…

A: Annual rate (r) = 25% Number of compounding per year (m) = 12

Q: A gamer decides to buy the latest state-of-the-art gaming laptop. The gamer sets aside a value of…

A: Budget can be defined as the statement which shows the estimated budget and expenditure for a…

Q: Claire wants to buy a new jacuzzi. The jacuzzi costs $$⁢1550. Claire decides to finance the jacuzzi…

A: Financed amount refers to an amount taht is being borrowed by the borrower from the lender at some…

Q: A graphic designer needs a laptop for audio/video editing, and notices that they can elect to pay…

A: First we need to calculate present value of lease payments by using equation below. Where PMT=…

Q: Steve Scooter plans to sell a standard scooter for $500 and chrome scooter for $650.  Steve…

A: Break Even point in units = Fixed costs/Weighted average contribution margin

Q: Sergey is selling many townhomes in Silicon Valley. To buy one of them, every month Valentina…

A: For calculating this we have to calculate present value FACTOR from given information and from that…

Q: After three years in the cake shop business, Gloria has decided she can now afford to advertise. An…

A: Breakeven is the point at which an entity is in a situation of no profit and no loss. At this point,…

Q: John Rossini works for a Ford dealership.  Alice Field is shopping for a Taurus.  She would like the…

A: To understand the situation better, we need to workout with the help of example. Let us assume that…

Q: Gloria is planning on opening a cake shop. S has found a location that rents for $15,550 year and it…

A: Breakeven point is the point when the there is no profit or loss. This is when the contribution…

Q: Lisa would like to buy some furniture for the new home. Good Home Furniture offered her the maximum…

A: The maximum furniture that Lisa can afford is equal to the present value of the maximum credit…

Q: (i) Calculate the annual accounting profit of Ashely's snack business. (ii) Ashley will be involved…

A: Accounting profit vs Economic profit  For users of financial reporting, the accounting profit or…

Q: ou are selling "streamer kits" consisting of a ring light and a phone cradle to aspiring streamers,…

A: IRR is break even rate at which net present value is zero and present value of cash low is equal to…

Q: Which credit card should he choose? his total anual expense for card A will be ? round to the…

A: Given:Card ACard BAPR22%22%Annual Fee ($)040Monthly balance ($)699699

Q: Ursula wants to buy a $21,000 used car. She has savings of​ $2,000 plus an​ $800 trade-in. She wants…

A: The monthly payment is the payment that includes the principal amount as well as interest amount and…