SOLUTION: A bank offers 2 checking account plans
plan a= service fee of $7.00 and checks @ .11 each
plan b= service fee of $1.00 and checks @ .36 each
graph
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-> SOLUTION: A bank offers 2 checking account plans
plan a= service fee of $7.00 and checks @ .11 each
plan b= service fee of $1.00 and checks @ .36 each
graph
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Question 255131: A bank offers 2 checking account plans
plan a= service fee of $7.00 and checks @ .11 each
plan b= service fee of $1.00 and checks @ .36 each
graph Answer by richwmiller(17219) (Show Source):
You can put this solution on YOUR website! Change banks. Avoid all the math.
I have several checking accounts with no fees and no minimum balance and I get free checks too.
a=.11x+7
b=.36x+1
when x=0 a=7
when x=100 a=18
plot and connect the points
when x=0 b=1
when x=100 b=37
plot and connect the points
where they cross is where they charge the same.