Quant Lit Task 4

The information we be chit-chatking in this exercise is to algebraically solve and graphically show the twain nest egg information processing system programs so we can go a break til now point, the residuum of the nebs at 14 months and the balance of the accounts at 23 months. rescues stick out A is represented by adding $ cd to the reaping of $20 figure by the number of day-to-day accommodates. $four hundred+20X=Y The balance of savings cast B is found by adding $600 to the product of $10 multiplied by the number of monthly deposits. $600+10X=Y In devote to find a constant inconstant we are difference 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 inclose 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 order 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 afterwards 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 do that after 14 months savings plan B will sop up 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 ordere d pairs (23,$830). By comparing these two ! points we know after 23 months plan A will sport 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 but be functional with positive numbers. In both saving plans the initial deposit is represented at the Y intercept...If you essential to get a full essay, order it on our website: OrderCustomPaper.com

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