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-The Monthly Cost of a Certain Long Distance Service C(t)=0.06t+7.95C ( t ) = 0.06 t + 7.95

question 113

Multiple Choice

Solve.
-The monthly cost of a certain long distance service is given by the linear function C(t) =0.06t+7.95C ( t ) = 0.06 t + 7.95 where C(t) C ( t ) is in dollars and tt is the amount of time in minutes called in a month. Find the cost of calling long distance for 80 minutes in a month.

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Definitions:

Carrying Value

The book value of an asset on a company's balance sheet, derived from its original cost minus accumulated depreciation or amortization.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenues.

Cost Method

An accounting method used to value inventory or investments at their original cost, without considering market value changes.

Ownership Interest

A legal or equitable claim in a company or property, signifying a portion of ownership by an individual or entity.

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