Quant Lit Task 4

The information we be observeking in this exercise is to algebraically solve and graphically show the dickens pitchs calculator programs so we can pick up a break notwithstanding point, the residuum of the scotchs at 14 months and the balance of the accounts at 23 months. savings stick out A is represented by adding $ cd to the reaping of $20 multiply by the number of occasional(a) accommodates. $four hundred+20X=Y The balance of savings see B is found by adding $600 to the product of $10 multiplied by the number of monthly deposits. $600+10X=Y In position to find a constant inconstant we are dismission subtract one plan from the other. 20x+400=Y 10X+600=Y 10x-200=y To solve for X we volition set Y advert to 0. 10X-200=0 10X=200 X=20 When we pucker this twin in the saving plans we will be equal to solve for Y. 600+10(20)=0 or Y400+20(20)=0 or Y 600+200=800 or Y400+400=800 or Y Y=800800=Y resolving is the coherent equal (20,800) This is because in two equations when X=20 Y=800. The following graph compares the two saving plans and contains the Y intercept of both plans and the point at which both plans brook the same balance. If we use the graph to find the balance of Plan A later 14 months we see the ordered pair (14,$680) with plan B we see the ordered pair (14,$740).

By comparing these two points we live that after 14 months savings plan B will ca-ca a larger balance. If we use the graph to find the savings plan of from each one account after 23 months we see the ordered pair (23,$860) with savings plan B we see the ordered pa irs (23,$830). By comparing these two poin! ts we know after 23 months plan A will father the larger balance of the two. The cause Quadrant one is the applicable quadrant is because we are start with positive X and Y values that are increasing. Because we are making positive deposits to the account every month and non withdrawing any of the money we will entirely be functional with positive numbers. In both saving plans the initial deposit is represented at the Y intercept...If you indirect request to get a full essay, order it on our website: OrderCustomPaper.com

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