You are the office manager for Dr. Rogers. The increasing

Question

cost of making photocopies is a concern to Dr. Rogers. She wants to examine
alternatives to the current financing plan. The office currently leases a copy
machine for $110 per month and pays $0.025 per copy. A 3-year payment plan is
available that costs $125 per month and $0.015 per copy.

(a) If the office expects to run 100,000 copies per year, which is the better plan?

(b) How much money will the better plan save over the other plan?

Answer 1

Figure out how much each one would cost. Then you'll know what the better plan is and how much money they will save.

It tells you how much they're paying per month and it tells you how much they're paying per copy.

Matt