ACCT552 Week 1 Homework Assignment Please complete the below problems and submit your answers in the Week 1 Dropbox. See quot;Syllabus/Due Dates for...

Week 1 Homework Assignment

Please complete the below problems and submit your answers in the Week 1 Dropbox. See "Syllabus/Due Dates for Assignments & Exams" for due date information.

1.    You are on a tight budget and need to decide among the following 3 texting plans:

Plan A: Pay $0.10 per text

Plan B: Pay a fixed monthly fee of $15 for up to 500 texts per month and $0.08 for each text over the 500.

Plan C: Pay a fixed monthly fee of $25 for up to 1,000 texts per month and $0.05 for each text over the 1,000.

           Requirements

a.    Draw a graph of the total monthly cost of the three plans for different levels of texting.

b.    Which plan should you choose if you expect to make:

                                              i.    240 texts per month?

                                            ii.    780 texts per month?

                                           iii.    1,250 texts per month?

2.    In 3-