Question

You are thinking of hiring a security monitoring service. You can pay a flat rate of $55 per month or pay $210 per incident. You expect to average one incident per three months. Which plan will be cheaper for you?

a) Per incident

b) Flat rate

Answer 1

Flat rate

Explanation:

Per incident, you'll play 210 dollars

Flat rate, you'll pay 55 dollars per month

Based on the expected average

You'll either pay $210 for the incident or $165 (flat rate amount for 3 months)

Therefore, flat rate will be cheaper

Hope this helps!