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Tamiku [17]
3 years ago
15

A recreation center offers a membership for $75. Members may take classes for $10 each. nonmembers must pay $15 for these classe

s. how many classes can a nonmember take and pay the same amount as a member?
Mathematics
1 answer:
Papessa [141]3 years ago
3 0
If a member pays for 3 classes it will be $30 and if a nonmember for 2 classes it will be $30 dollars as well. Also, if a member pays for 6 classes it will be $60 and if a nonmember pays 4 classes it will be $60 as well
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$1080

Step-by-step explanation:

((3000 \times 0.032) \times 2) \times 3 = 576

convert % to decimal by multiplying 3.2%x100=0.032

then multiply by initial amount 3000x0.032

then multiply by 2 because it's compounding semiannual

then multiply by 3 because it's over a 3 yr period

do the same for the quarterly compound but multiply by 4 because it's quarterly

((3000 \times 0.03) \times 2) \times3 = 1080

over a 3 yr period the quarterly compounded amount will earn:

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Answer:

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Step-by-step explanation:

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