Solve the Problem. -A Train Ticket in a Certain City Is $1.50. People

question 47

Multiple Choice

Solve the problem.
-A train ticket in a certain city is $1.50. People who use the train also have the option of purchasing a frequent rider pass for $15.75 each month. With the pass, each ticket costs only $0.75. Determine the number of times in A month the train must be used so that the total monthly cost without the pass is the same as the total monthly Cost with the pass.

• A)20 times
• B)21 times
• C)22 times
• D)23 times

Recognize the importance of scenario analysis in planning for risk mitigation.

Understand the dual purpose of financial plans in predicting future performance and setting goals.

Discuss the challenges in planning for new versus existing businesses.

Appreciate the impact of technology on the financial planning process.

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Definitions:

Control Theories

A set of theories in criminology that focuses on the various social and personal factors that inhibit individuals from engaging in deviant behavior.

Deviance

Actions or behaviors that violate societal norms and expectations, leading to social disapproval or sanction.

Criminality

The state or quality of being criminal; the behaviors and actions that constitute crime or are in violation of the legal system.

Anything Goes Mentality

A laissez-faire attitude towards rules and norms, suggesting that all actions are permissible regardless of morals or consequences.