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# MAT 144 Topic 5 Discussions GCU

## MAT 144 Topic 5 Discussions

MAT 144 Topic 5 Discussions GCU https://www.coursetutor.us/product/mat-144-topic-5- discussions-gcu/ help@coursetutor.us MAT 144 Topic 5 DQ 1 Select one of the options below and create a linear equation to represent the monthly bill. When will the plans cost the same? Explain when each plan is a better option. Option 1: Plan A \$39.99 for 200 min and \$1.25 for each min after. Plan B \$29.99 for 200 min and \$1.50 for each min after. Option 2: Plan A \$25.75 plus \$.75 per min. Plan B \$20.99 plus \$1.00 per min Option 3: Plan A \$39.99 plus \$1.25 per min. Plan B \$25.99 plus \$1.75 per min Option 4: Plan A \$45.99 for 400 min and \$.50 for each min after. Plan B \$49.99 for 400 min and \$.40 for each min after MAT 144 Topic 5 DQ 2 In Chapter 1 of the text we looked at calculating a monthly payment for a loan. A related formula is to calculate the amount accruing when regular payments are made into an interest bearing account – often called the Savings Plan formula. (A is the accrued amount after t years of making regular payments, PMT, into an account at interest rate, r%, compounded n times each year.)

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