Answer:
1. a Early Pay: y = 45
b. Deposit Plus: y = 12.00 + 4.00x
c. Daily Pay: y = 6.00x
2. Early pay = $25
Deposit Plus = 12.00 + 4.00(4) = 12.00 + 16.00 = $28.00
Daily Pay = 6.00(4) = $24.00
Daily Pay is the cheapest one.
3. Early Pay = $45
Deposit Plus = 12.00 + 4.00(8) = 12.00 + 32.00 = $44.00
Daily Pay = 6.00(8) = $48.00
Deposit Plus is the cheapest one.
4. Early Pay = $45
Deposit Plus = 12.00 + 4.00(12) = 12.00 + 48.00 = $60.00
Daily Pay = 6.00(12) = $72.00
Early Pay is the cheapest one.
5. Since Jane likes to swim most days, it would be cheaper for her to do the Early pay option, because the price is a one time fee and she can swim every day.
Since Suzy doesn't really like to go swimming and might only go a couple times, it would be best for her to do the daily pay, that way she didn't spend any money up front if she doesn't swim at all.
Explanation: