Wednesday, December 4, 2024

Scott Bilker
Household Math™: Cell Phone Plans
by Scott Bilker
 
Scott Bilker is the author of the best-selling books, Talk Your Way Out of Credit Card Debt, Credit Card and Debt Management, and How to be more Credit Card and Debt Smart. He's also the founder of DebtSmart.com. More about and DebtSmart can be found in the online media kit.

Test your knowledge by trying to solve this DebtSmart, Household Math™ problem! After you complete the problem, you’ll get the solution and explanation.
 
1. Brandon is getting his first cell phone and is trying to decide which plan to take. After reviewing all the details the choice comes down to two options: (Plan 1) $59.99 per month for up to 500 minutes and (Plan 2) $89.99 per month for up to 1000 minutes. Both plans cost an additional $0.35 per minute if he goes over the monthly limit. Brandon wants to know the minimum number of minutes he must use, to make it worthwhile to select plan 2 over plan 1?
517 minutes
586 minutes
603 minutes
731 minutes
I don't know!



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