SOLUTION: In an online shopping rebate program, customers recieve a rebate of a given percent of their purchase amount until they reach a certain minimum threshold in a month. They recieve a
Question 1163456: In an online shopping rebate program, customers recieve a rebate of a given percent of their purchase amount until they reach a certain minimum threshold in a month. They recieve a larger percentage rebate on any additional purchases beyond this threshold. If a customer spends more than his minimun threshold in a month, his total rebate is given by the function R=4x + (x+5)(0.01z-4). Which of the following statements is true?
a) the initial threshold is 1,000.
b) x represents the total amount the customer spends.
c) x represents the percentage discount for the purchases over the threshold.
d) the initial threshold is 400. Answer by KMST(5345) (Show Source):
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The term represents of the amount
The term of the in excess over
The initial threshold is represents the total amount the customer spends in a month represent the percentage of rebate for purchases up to
Any excess over that threshold of monthly expenses results in an additional rebate.