Data tablePlan A: Pay $0.07 per minute of long-distance calling.Plan B:Pay a fixed monthly fee of $14 for up to 340 long-distance minutes and$0.04 per minute thereafter (if she uses fewer than 340 minutes inany month, she still pays $14 for the month).Plan C: Pay a fixed monthly fee of $25 for up to 500 long-distance minutes and$0.02 per minute thereafter (if she uses fewer than 500 minutes, she stillpays $25 for the month).PrintDone- Xmusent levtal cos Bridget Compo is getting ready to open a small restaurant. She is on a tight budget and must choose between thefollowing long-distance phone plans:(Click the icon to view the long-distance phone plans.)Read the requirements.Requirement 1. Match the graphs to the total monthly costs of the three plans for different levels ofmonthly long-distance calling.Before we match the graphs to the plans, complete the following table, calculating the total costs for each plan ateach of the different minute levels. (Round to the nearest cent.)100 minutes 340 minutes 540 minutesPlanABCB

A budget helps with cost management, resource allocation optimisation, and decision-making.…

Answered: Plan A: Pay $0.07 per minute of…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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ns Lacy has a $41,500.00 student loan when she graduates on May 4, and the prime rate is set at 5.5%. She has decided at the end of the grace period to convert the interest to principal, and she sets her fixed monthly payment at $900.00. She opts for the variable rate on her student loan. Create the first four repayments of her repayment schedule. Calculate the total interest charged for both the grace period and the four payments combined. Assume February does not involve a leap year. (Round all monetary values to the nearest penny.) (Use a minus sign before the dollar sign to denote a negative monetary value. For example, "-$149.63") (Give all "Number of Days" quantities as fractions with denominator 365.) Date June 11 Nov 30 (inclusive) Dec 31 Jan 31 Feb 28 Mar 31 Balance before Transaction Annual Interest Rate 8% 8% 8% 8% 8% Number Interest Accrued of Days Charged Interest U D n Total combined interest charged for grace period and first four months: Payment (+) or Principal Balance…
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