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19 May, 03:34

Verizon Wireless offers an internet plan for $20 a month plus a $20 setup fee. Consolidated Communications offers an internet plan for $25 a month plus $10 setup fee. After how many months will be equal? Which plan is more economical in the long term?

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  1. 19 May, 05:35
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    Verizon Wireless offers better plan

    Step-by-step explanation:

    Now it is easiest to calculate an yearly cost for both companies.

    First calculate cost for Verizon

    If y is annual payment and x is monthly payment

    Relation is

    y = 20 + 12x

    y = 20 + (12) (20)

    y = 260

    So for Verizon wireless, annual amount is $260

    Now calculate cost for Consolidated Communication

    If y is annual payment and x is monthly payment

    Relation is

    y = 10 + 25x

    y = 10 + (12) (25)

    y = 310

    So for Consolidated Communication, annual amount is $310.

    Here by comparison we can see that the offer of Verizon Wireless is better in long term.
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