A Family's Phone Plan Charges $0

question 271

Multiple Choice

A family's phone plan charges $0.25 for every 4 texts. If the family sends 880 texts this month, which of the following represents the bill amount they will receive?

• A)$80.25
• B)$44.75
• C)$55.00
• D)$48.25

---

Definitions:

Manufacturing Productivity

measures the efficiency of the production process, typically quantified as the ratio of outputs produced to inputs used in the manufacturing process.

Internal Rate of Return

This is a financial metric used to estimate the profitability of potential investments, calculated as the rate of return that makes the net present value of all cash flows from a particular project equal to zero.

Net Cash Flows

The difference between a company's cash inflows and outflows over a specified period.

Average Investment

A metric used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments.