parsons bank offers two checking account plans the no frills plan charges 45 cen

Question

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? 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? 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?

Explanation / Answer

let number of checks be x.

Cost of no frills plan charges = 45x

Cost of simple checking plan = 800 + 20x

So, 800 + 20x < 45x

or, 800 < 25x

or, x > 32

So, for 33 number of checks per month will the simple checking plan cost less

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