Phone Plan Cost Calculator

Formula

To calculate the Total Cost of the phone plan:

\[ TC = PP + (MB \times CL) \]

What is a Phone Plan Cost?

The total cost of a phone plan includes the price of the phone itself, the monthly bill, and the length of the contract. This calculation helps you understand the overall expense of owning a phone under a specific plan.

Example Calculation

Let's assume the following values:

Price of the Phone $ PP $ = $500
Monthly Bill $ MB $ = $50
Contract Length $ CL $ = 24 months

Step 1: Multiply the MB by the CL:

\[ MB \times CL = 50 \times 24 = 1200 \]

Step 2: Add the result to the PP:

\[ TC = 500 + 1200 = 1700 \]

So, the Total Cost $ TC $ is $1700.