Name_______________________________________________Date________________ Alarm Systems M7A3 Safe T Systems charges $199 for the installation of their alarm system and then a $35 per month fee. Define variables for x and y and write an equation that shows the amount of money Safe T Systems will collect from each customer based on the number of months they have service. x = _________________________________________ y = _________________________________________ Equation:____________________________________ Open the filealarm.xls. Complete the spreadsheet so that it shows the total amount a customer pays to Safe T alarms during a five year period. (Hint: You will need to type an equation in cell B2 similarly to how we did in the “Better Buy” activity). How much has a Safe T Alarm customer invested in the alarm system after 5 years? ____________ Safe T Alarm’s biggest competitor is Uprotect systems. You have just started a new job working for this company. For your fist assignment, your boss tells you that he is considering a promotional offer where your company will install the alarm system for free with a five year contract. However, he wants to make sure that Uprotect Systems will collect the same amount of money from their customers during the 5 year period as Safe T Alarm does. Your task is to tell him the least amount of money your company can charge as a monthly fee and still come out making as much money as Safe T Systems after 5 years. Complete column C in the spreadsheet to represent your new company. Experiment with different formulas to determine the answer to your bosses question. Prepare a written summary of your findings for your boss in the space below: ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________