Harrison has an account with a balance of $155.59. This account has an interest rate of 9.4% compounded annually and the initial
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Answer:
Chelsey can be a member of the fitness club for <u>10</u> months.
Step-by-step explanation:
Given:
Chelsey wants to join a fitness club.
The fitness club charges an initial membership fee of $55 and a monthly fee of $19.50.
She has $250 to spend on a membership at the fitness club.
Now, to find the number of months Chelsey can be a member of the fitness club.
Let the number of months Chelsey can be a member of the fitness club be
Monthly fee = $19.50.
Membership fee = $55.
Now, to get the number of months Chelsey can be a member of the fitness club we write and solve an equation:
<em>Subtracting both sides by 55 we get:</em>
<em>Dividing both sides by 19.50 we get:</em>
Therefore, Chelsey can be a member of the fitness club for 10 months.