document.write( "Question 1124619: Hello! I have used this site Before and it was incredibly useful therefore I was wondering if I can get help for one more question:\r
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document.write( "Darius saved $500 and wants to open a chequing account. Ontario Trust charges $8 per month, plus $0.50 per cheque. Maple Leaf Savings charges $6 oer month, plus 0.75 per cheque. Which bank offers the lower monthly charge?\r
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document.write( "It would be great if I can get some help with this, I dont know if the $500 has meaning or if it’s just there to throw you off. Thank you for your time! \n" );
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Algebra.Com's Answer #740934 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! It depends upon the number of checks. \n" ); document.write( "The charges are equal at some point when the two \n" ); document.write( "$8+$0.50x=$6+$0.75x, x the number of checks written that month \n" ); document.write( "$2=$0.25x \n" ); document.write( "x=8 checks. \n" ); document.write( "Fewer than 8 checks, and Maple Leaf Savings is cheaper \n" ); document.write( "Greater than 8 checks, and Ontario Trust is cheaper. \n" ); document.write( " \n" ); document.write( "The $500 is irrelevant, at least to this question.\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |