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assignment: milestone 3 0:01:05 elapsed you decide to sign up for a 24 …

Question

assignment: milestone 3
0:01:05 elapsed
you decide to sign up for a 24 - month cell phone plan with a monthly fee in addition to the cost of the cell phone. the plan you chose costs $55 per month for unlimited talk, text, and data normally. the company has some offers right now that could help you save money. but, you can only use one of these offers.
which of these deals will save you the most money overall on the $55 per - month plan?
buy a smartwatch today, and get a $15 per month discount for the first six months.
trade in your old phone and save 5 percent per month for 24 months.
sign up for autopay using a debit card and save $5 per month for 24 months.
receive the first month free if you sign the contract today.

Explanation:

Step1: Calculate savings for smartwatch offer

For the first 6 months, $15$ discount per month. So total savings is $15\times6 = 90$.

Step2: Calculate savings for trade - in offer

Monthly fee is $55$. 5% of $55$ is $0.05\times55= 2.75$. For 24 months, savings is $2.75\times24 = 66$.

Step3: Calculate savings for autopay offer

$5$ discount per month for 24 months. So savings is $5\times24=120$.

Step4: Calculate savings for first - month - free offer

Monthly fee is $55$, so savings is $55$.

Answer:

Sign up for autopay using a debit card and save $5$ per month for 24 months.