Parsons Bank offers two checking-account plans. The No Frills plan charges 25 cents per check whereas the Simple Checking plan costs $6 per month plus 5 cents per check. For what number of checks per month will the Simple Checking plan cost less?

Question

Janitor

Mathematics

26 December, 14:55

Parsons Bank offers two checking-account plans. The No Frills plan charges 25 cents per check whereas the Simple Checking plan costs $6 per month plus 5 cents per check. For what number of checks per month will the Simple Checking plan cost less?

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Answers (1)

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Gina Santos · Answer 1

No frills = $0.25 (x)

simple = $6 + $0.05 (x)

set equal to each other

0.025 (x) = 6 + 0.05 (x)

rearrange like terms together

0.025 (x) - 0.05 (x) = 6

0.020 (x) = 6

x = 300

Simple plan will be cheaper once you use more than 300 checks