To raise money, a service club has been collecting used bottles that it plans to deliver to a local glass company for recycling. Since the project began 40 days ago, the club has collected 16,000 pounds of glass for which the glass company currently offers 1 cent per pound. However, because bottles are accumulating faster than they can be recycled, the company plans to reduce by 1 cent each day the price it will pay for 100 pounds of used glass. Assume that the club can continue to collect bottles at the same rate and that transportation costs make more than one trip to the glass company unfeasible. What is the most advantageous time for the club to conclude its project and deliver the bottles?
A) 40 days from now
B) Today
C) 30 days from now
D) 80 days from now

Question

Quizplus · Accepted Answer

The Answer of To raise money, a service club has been collecting used bottles that it plans to deliver to a local glass company for recycling. Since the project began 40 days ago, the club has collected 16,000 pounds of glass for which the glass company currently offers 1 cent per pound. However, because bottles are accumulating faster than they can be recycled, the company plans to reduce by 1 cent each day the price it will pay for 100 pounds of used glass. Assume that the club can continue to collect bottles at the same rate and that transportation costs make more than one trip to the glass company unfeasible. What is the most advantageous time for the club to conclude its project and deliver the bottles?
A) 40 days from now
B) Today
C) 30 days from now
D) 80 days from now

To Raise Money, a Service Club Has Been Collecting Used