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Peak rate of a phone company.

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The peak rate of a phone company is $.22 per minute, and the off-peak rate is $.11 per minute. Find the saving for a 16-minute phone call if it was made during off-peak time as opposed to peak time. Round to the nearest hundreth.

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Solution Summary

In this question we will be calculating the saving for a 16 minute call. When we have the rates for the off peak and during peak is already given.

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