Checks are stale dated when _.

AYou indicate in the “memo” field
B6 months from the date of the check
C30 days from the date of the check
D1 year from the date of the check

When comparing plans, you should __.

ALook at your pervious bills and estimate how they would have been different using another plan
BEnroll in the plan and then compare the cost savings
CChoose the cheapest plan
DChoose a plan that gives you the most benefits

You decide to enroll in a plan that gives you a 10% discount if you make telephone calls 7pm – 6am. The per minute charge is $0.10 and the sales tax is 6%. On the first month’s bill you used the phone for 130 minutes 6am – 7pm and then 400 minutes 7pm – 6am. How much was your total bill?

A$56.18
B$53.00
C%5194
D$49.00

The “Limited Plan” offers a 15% discount for power usage between 7pm – 9am if most of your usage happens during that time. If not, then there is a 20% premium paid on the usage outside of that time. The cost per kilowatt hour is $0.05432. How much would you have paid in March if you used 450 KWH 7pm – 9am and 465 KWH 9am – 7pm?

A$49.70
B$51.08
C$59.64
D$42.25

Question

23-01-2017
Mathematics

Answered

Checks are stale dated when _.

AYou indicate in the “memo” field
B6 months from the date of the check
C30 days from the date of the check
D1 year from the date of the check

When comparing plans, you should __.

ALook at your pervious bills and estimate how they would have been different using another plan
BEnroll in the plan and then compare the cost savings
CChoose the cheapest plan
DChoose a plan that gives you the most benefits

You decide to enroll in a plan that gives you a 10% discount if you make telephone calls 7pm – 6am. The per minute charge is $0.10 and the sales tax is 6%. On the first month’s bill you used the phone for 130 minutes 6am – 7pm and then 400 minutes 7pm – 6am. How much was your total bill?

A$56.18
B$53.00
C%5194
D$49.00

The “Limited Plan” offers a 15% discount for power usage between 7pm – 9am if most of your usage happens during that time. If not, then there is a 20% premium paid on the usage outside of that time. The cost per kilowatt hour is $0.05432. How much would you have paid in March if you used 450 KWH 7pm – 9am and 465 KWH 9am – 7pm?

A$49.70
B$51.08
C$59.64
D$42.25

Verified Answer :

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virtuematane virtuematane · Answer 1 · 2019-01-15T03:21:47-05:00

Answer:

Ques 1) B

Ques 2) A

Ques 3) C

Ques 4) C

Step-by-step explanation:

Question 1)

checks are stale dated when 6 months from the date of the check.

option---B

Question 2)

When comparing plans, you should look at your previous bills and estimate how they would have been different using another plan.

Option---A

Question 3)

The per minute charge is $0.10.

7pm-6am

There is a discount of 10%.

Phone was used for 400 minutes.

sales tax of 6%.

Hence total % he has to pay is 95.4%

6am-7pm

Phone was used for 130 minutes.

sales tax of 6%.

Hence total % he has to pay is 106%

Total amount he has to pay is given by:

@@MATH_TOKEN_0@@

Hence the total bill is: $51.94

Hence option C is correct.

Question 4)

if there is a power usage from 7pm-9am then there is a 15% discount. Hence we have to pay 85% of the total money in that time span.

In march there is a usage of 450 KWH from 7pm-9am

cost of 1 KWH=$0.05432

Hence, payment from 7 pm-9 am is given by:

@@MATH_TOKEN_1@@--------(1)

If there is a power usage from 9am-7pm then there is a premium of 20%.

Hence we have to pay 120% of the total money in that time span.

There is a usage of 465 KWH from 9am-7pm

Hence, payment from 9am-7pm is given by:

@@MATH_TOKEN_2@@-----------(2)

Hence,

Total payment in March= payment for 7pm-9am+payment for 9am-7pm

=$ 51.08 (Adding 1 & 2).

Option---- B

Ritushar Ritushar · Answer 2 · 2019-09-18T02:46:04-04:00

1. Option B is correct.

2. Option A is correct.

3. Option C is correct.

4. Option C is correct.

Further Explanation:

1. Stale check: The Check that is not presented at the bank within a period of six months from the date on which it has been drawn is referred to asa stale check. It is a valid check, but it may be considered as 'irregular' bill of exchange. A bank can refuse to honor the check unless its drawer confirms the payment by issuing a new Option or inserting a new payment date.

Therefore, option B is correct.

2. When two plans are compared then previous bills are used as the standard to compare the estimated cost under the new plan. When the comparison between the plans is made then the person should not enroll in the new plan without making a comparison, select the plan having the least cost and select the plan providing maximum benefits but compare it with the previous plan.

Therefore, option A is correct.

3. Calculate the total bill:

Total bill = $49 + $49 × .06

= $51.94

Thus, the total bill is $51.94.

Working note:

Calculate the charges for the call between 6 a.m – 7p.m:

Total charges = 130 minutes × $ 0.10 per minute

= $13

Calculate the charges for the call between 7 p.m – 6a.m:

Total charges = 400 minutes × $ 0.10 per minutes × (1 -0.10)

= $36

Calculate the total call charges:

Total call charges = $13 + $36

=$49

Therefore, option C is correct.

4. Caclulate the total call charges:

Total call charges = $30.31+ $20.77

=$51.08

Thus, the total bill is $51.08.

Working note:

Calculate the power charges for the call between 9 a.m – 7p.m:

Total charges = 465kwh× $ 0.05432 per kwh × (1 + 0.20)

= $30.31

Calculate the charges for the call between 7 p.m – 9 a.m:

Total charges = 450kwh× $ 0.05432 per kwh × (1 -0.15)

= $20.77

Therefore, option C is correct.

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Answer details:

Grade: Middle School

Subject: Economics

Chapter: Types of costs

Keywords: Checks are stale dated when, You indicate in the “memo” field, 6 months from the date of the check, 30 days from the date of the check, 1 year from the date of the check, When comparing plans, you should, Look at your pervious bills and estimate how they would have been different using another plan, Enroll in the plan and then compare the cost savings, Choose the cheapest plan, Choose a plan that gives you the most benefits, You decide to enroll in a plan that gives you a 10% discount if you make telephone calls 7pm – 6am. The per minute charge is $0.10 and the sales tax is 6%. On the first month’s bill you used the phone for 130 minutes 6am – 7pm and then 400 minutes 7pm – 6am. Calculate your total bill, $56.18, $53.00, 5194, $49.00, The “Limited Plan” offers a 15% discount for power usage between 7pm – 9am if most of your usage happens during that time. If not, then there is a 20% premium paid on the usage outside of that time. The cost per kilowatt hour is $0.05432. How much would you have paid in March if you used 450 KWH 7pm – 9am and 465 KWH 9am – 7 pm, $49.70, $51.08, $59.64, $42.25
.