A one-year (52-week) subscription to a weekly magazin
e is $39.95. Greg calculates that he would save $219.53 if he subscribed to the magazine instead of purchasing it each week at the store. What is the price of the individual magazine at the store?
<em><u>Answer:</u></em>
Price of the individual magazine at the store is $ 4.99
<em><u>Solution:</u></em>
Given that one-year (52-week) subscription to a weekly magazine is $39.95
Greg calculates that he would save $219.53 if he subscribed to the magazine instead of purchasing it each week at the store
To find: price of the individual magazine at the store
Price of the individual magazine at the store can be calculated by adding the price of one year subscription to a weekly magazine and price saved by Greg and then divide by 52 (since 1 year = 52 week )
Let us divide the above value by 52 to get price of the individual magazine at the store
So price of the individual magazine at the store is $ 4.99