Test name: copy of t-math-alg 1-t3and4-pb
test id: 1353186
section 1 - no calculator section
1.1. in order to lure new customers to a credit card, a bank is offering an initial cash back
award, plus cash back amounting to a percentage of the value of all purchases made with the
card. if p is the value of all purchases made with the card and c is the amount of cash back,
which of these equations does the graph represent?
cash back (dollars)
2707
240
210
1801
150
120-
90
60+
30
value of purchases (dollars)
500
1500 2500 3500
1000 2000 3000 4000
a. c = 0.03p + 150
b, c = 0.3p + 150
c. c= 1.03p + 150
d. c= 1.3p + 150