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sergejj [24]
3 years ago
9

An online buying club requires an annual fee of $170 in order to qualify for a 19 percent discount on purchases. What amount wou

ld a person have to buy in order to save enough to cover the cost of the membership?
Business
1 answer:
krek1111 [17]3 years ago
3 0

Answer : The amount needed to spend to save $170 is, $32.3

Explanation :

As we are given that an online buying club requires an annual fee of $170 and a 19% discount on purchases.

Now we have to determine the amount needed to spend to save $170.

As, for every $100 the discount will be = $19

So, for every $170 the discount will be = \frac{\$ 170}{\$ 100}\times \$ 19

                                                                 = $32.3

Thus, the amount needed to spend to save $170 is, $32.3

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A company using the periodic inventory system has inventory costing $142 on hand at the beginning of a period. During the period
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