A Certain Calling Card Costs 6

question 169

Multiple Choice

A certain calling card costs 6.8 cents per minute to make a call, rounded up to the nearest minute. However, when the card is used at a pay phone, there is an additional 68 cent connection fee. If is the charge from a pay phone for a call lasting t minutes, create a table of charges for calls lasting close to 1 minute and use it to find the following limit, if it exists. Round your answer to the nearest cent. ​

• A) $0
• B) $0.68
• C) $0.75
• D) $0.82
• E) does not exist

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Definitions:

Interest Rate

The percentage at which interest is charged or paid on a loan or investment over a specific period.

Loan Covenant Restrictions

Conditions imposed by lenders that restrict certain actions of the borrower, intended to protect the lender's interests.

Debt Covenants

Provisions imposed by lenders in a loan agreement that require the borrower to meet certain conditions or restrict certain actions, often used to protect the lender's interests.

Conflicts of Interest

A situation in which a person or entity has competing interests or loyalties that can influence the impartiality of decisions.