Horizon has a cell phone plan for $28.00 per month plus $.30 per minute with unlimited anytime network minutes and a free flip phone for new customers. How do I put this in an equation. Sprint has a plan for $30.00 per month plus $.029 per minute unlimited minutes on weekend, but you must purchase a $70.00 phone with a $40.00 rebate and sign up for a 2 year contract.
Which one of these plans is a better deal?
Horizon: C = 0.30x + 28
X = Minutes used.
Sprint: C = 0.029x + 30
To compare these two cell phone plans, we need to calculate the total cost over a certain period. Let's assume we are comparing the two plans over a period of one year.
For Horizon's plan:
Fixed cost per month: $28.00
Cost per minute: $0.30
To calculate the annual cost of this plan, we need to multiply the fixed monthly cost by 12 to get the annual cost and add the cost per minute multiplied by the average number of minutes used per month.
Annual cost for Horizon's plan:
(12 * $28.00) + ($.30 * average minutes per month)
For Sprint's plan:
Fixed cost per month: $30.00
Cost per minute: $0.029
In Sprint's case, we need to consider the cost of the phone as well. The initial cost of the phone is $70.00, but there is a $40.00 rebate, so the effective cost of the phone becomes $70.00 - $40.00 = $30.00.
To calculate the annual cost of this plan, we need to multiply the fixed monthly cost by 12 to get the annual cost. And since it's an unlimited weekend plan, we only need to consider the average number of minutes used during weekdays.
Annual cost for Sprint's plan:
(12 * $30.00) + ($.029 * average weekday minutes per month) + $30.00 (phone cost)
Now we can compare the annual costs of both plans to see which one is a better deal. The plan with the lower total cost is the better deal.