Parsons bank offers two checking account plans the no frills plan charges 45 cents per...

aanpalendmw

aanpalendmw

Answered

2022-07-26

Parsons bank offers two checking account plans the no frills plan charges 45 cents per check whereas the simple plan checking plan costs $8 per month plus 20 cents per check for what number of checks per month will the simple checking plan cost less?

Answer & Explanation

uavklarajo

uavklarajo

Expert

2022-07-27Added 17 answers

let number of checks be x.
Cost of no frills plan charges = 45x
Cost of simple checking plan = 800 + 20x
So, 800 + 20 x < 45 x
or, 800 < 25 x
or, x > 32
So, for 33 number of checks per month will the simple checking plan cost less

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