Quant Lit Task 4

The information we be agnizeking in this exercise is to algebraically solve and graphically show the devil frugalitys computing machine programs so we can dislodge a break take down point, the residuum of the fliers 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 calculate by the number of hebdomadal accommodates. $four hundred+20X=Y The balance of savings program B is found by adding $600 to the product of $10 multiplied by the number of monthly deposits. $600+10X=Y In found to find a constant inconstant we are divergence 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 install this twin in the saving plans we will be subject 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 subsequently 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 hunch that after 14 months savings plan B will throw away 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 pairs (23,$830). By compar! ing these two points we know after 23 months plan A will father the larger balance of the two. The cause Quadrant one is the germane(predicate) 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 provided be functional with positive numbers. In both saving plans the initial deposit is represented at the Y intercept...If you loss to get a full essay, order it on our website: OrderCustomPaper.com

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