Quant Lit Task 4

The information we be want in this exercise is to algebraically exculpate and graphical recordically commemorate the both(prenominal) savings electronic computer programs so we can specify a break steady focus, the residuum of the accounts at 14 calendar months and the proportionateness of the accounts at 23 months. savings stick come on A is represented by adding $ cd to the reaping of $20 figure by the number of semimonthly accommodates. $four hundred+20X=Y The counterweight of savings object B is found by adding $600 to the output of $10 multiplied by the number of monthly desexs. $600+10X=Y In order to obtain a constant inconstant we argon going subtract unrivalled plan from the other. 20x+four hundred=Y 10X+600=Y 10x-200=y To solve for X we volition caboodle Y advert to 0. 10X-200=0 10X=200 X=20 When we insert this twin in the saving plans we impart be able 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 declaration is the tell equal (20,800) This is because in both equations when X=20 Y=800. The following graph comp bes the two saving plans and contains the Y intercept of both plans and the point at which both plans yield the same balance. If we use the graph to find the balance of mean A by and by 14 months we befool the request duad (14,$680) with plan B we see the ordered pair (14,$740).

By comparing these two points we realise that after 14 months savings plan B provide have a big balance. If we use the graph to find the savings plan of from to each unrivaled one account after 23 months we see the ordered pair (23,$860) with savings plan B we see the ordered pairs (23,$830). By comparing these two points we know after 23 months plan A exit have the larger balance of the two. The cause Quadrant one is the relevant quadrant is because we ar start with irrefutable 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 only be operable with positive numbers. In both saving plans the initial deposit is represented at the Y intercept...If you want to get a full essay, order it on our website: Orderessay

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