Bytelearn - cat image with glassesAI tutor

Welcome to Bytelearn!

Let’s check out your problem:

Song 
Li
4
(b) Bank. Hosei launch a new air miles credit card*
The rewards for new sign up are listed below. Mr Choy is a first time sizn up and he can cither go for Plan 
C or Plan 
D.




Plan 
C
Plan 
D





On top of the above, you can get a


bonus of 35000 miles if you spend a


minimum of 
$1000 per month using


the credit card for the first two


consecutive months and with an


annual fee payment of 
$235 (subject


to 
9% GST) paid.







On top of the above, get a bonus of


30000 miles if you spend a


minimum of 
$500 per month for the


first two consecutive months with an


annual foe waived"*.








*air miles credit card allows you to earn miles that you can redeen directly for free flights.
** fee waived refers to a bank that agrees to not charge a customer for a service.
Mr Choy plans to redeem a one-way air ticket to Japan which requires 55000 miles.
(i) Assume that Mr Choy decides to sign up for Plan 
C where he spends 
$1000 per month for the first two consecutive months, find the amount of money that he will need to spend using the crodit card for the next 6 months so that he can redeem the one-way air ticket to Japan at the end of

Song Li \mathrm{Li} \newline44\newline(b) Bank. Hosei launch a new air miles credit card*\newlineThe rewards for new sign up are listed below. Mr Choy is a first time sizn up and he can cither go for Plan C C or Plan D D .\newline\begin{tabular}{|c|c|}\newline\hline Plan C \mathrm{C} & Plan D D \\\newline\hline \begin{tabular}{l} \newlineOn top of the above, you can get a \\\newlinebonus of 3500035000 miles if you spend a \\\newlineminimum of $1000 \$ 1000 per month using \\\newlinethe credit card for the first two \\\newlineconsecutive months and with an \\\newlineannual fee payment of $235 \$ 235 (subject \\\newlineto 9% 9 \% GST) paid.\newline\end{tabular} & \begin{tabular}{l} \newlineOn top of the above, get a bonus of \\\newline3000030000 miles if you spend a \\\newlineminimum of $500 \$ 500 per month for the \\\newlinefirst two consecutive months with an \\\newlineannual foe waived

Full solution

Q. Song Li \mathrm{Li} \newline44\newline(b) Bank. Hosei launch a new air miles credit card*\newlineThe rewards for new sign up are listed below. Mr Choy is a first time sizn up and he can cither go for Plan C C or Plan D D .\newline\begin{tabular}{|c|c|}\newline\hline Plan C \mathrm{C} & Plan D D \\\newline\hline \begin{tabular}{l} \newlineOn top of the above, you can get a \\\newlinebonus of 3500035000 miles if you spend a \\\newlineminimum of $1000 \$ 1000 per month using \\\newlinethe credit card for the first two \\\newlineconsecutive months and with an \\\newlineannual fee payment of $235 \$ 235 (subject \\\newlineto 9% 9 \% GST) paid.\newline\end{tabular} & \begin{tabular}{l} \newlineOn top of the above, get a bonus of \\\newline3000030000 miles if you spend a \\\newlineminimum of $500 \$ 500 per month for the \\\newlinefirst two consecutive months with an \\\newlineannual foe waived
  1. Calculate total miles: : Calculate the total miles Mr. Choy will get from the initial bonus and spending for the first two months.
  2. Determine remaining miles: : Determine the remaining miles needed to redeem the ticket after the first two months.
  3. Calculate miles per dollar: : Calculate the miles earned per dollar spent.
  4. Calculate required spending: : Calculate the amount of money Mr. Choy needs to spend in the next 66 months to earn the remaining miles.

More problems from Interpret parts of quadratic expressions: word problems