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The value of a car purchased for $20,000 decreases at a rate of 12% per year. What will be the value of the car after 3 years?
1 answer:
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Question:
Veronica is choosing between two health clubs. after how many months will the total cost for each health club be the same? yoga studio a: membership: $24.00 monthly fee: 21.50. yoga studio b: membership: $41.00 monthly fee: $17.25
Answer:
It takes 4 years for the total cost of each club to become equal
Step-by-step explanation:
Given:
For yoga studio A:
membership: $24.00
monthly fee: 21.50.
For yoga studio B:
membership: $41.00
monthly fee: $17.25
To Find:
Number of months after which the total cost for each health club be the same = ?
Solution:
Let x be the number of months of membership, and y be equal the total cost.
For Yoga club A
y = 21.50 x + 24
For Yoga club B
y = 17.25 x + 41.00
we know that the prices, y , would be equal, we can set the two equations equal to each other.
21.50 x + 24 =17.25 x+ 41.00
Grouping the like terms,
21.50x - 17.25 x= 41.00 - 24
4.25x=17
x=
x = 4