Ask Question
5 August, 17:50

Checking account A charges a monthly fee of $10 and a per check fee of $.10 and checking account b charges a monthly fee of $12 and a per check fee of. 05. How many checks would a person have to write for the two accounts to cost the same

+1
Answers (1)
  1. 5 August, 20:26
    0
    We need to establish a formula where the costs of both accounts are equal.

    For account 1, we have a fixed cost of 10 and a variable cost of. 10 we would write the cost formula as. 1x+10

    For account 2, we have a fixed cost of 12 and a variable cost of. 05, we write this formula as 12 +.05x

    Set the two formulas equal to each other

    .1x+10 = 12+.05x

    Solve for X

    .05x = 2

    x = 40

    Someone would need to write 40 checks to make the two checking accounts equal.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Checking account A charges a monthly fee of $10 and a per check fee of $.10 and checking account b charges a monthly fee of $12 and a per ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers