SOLUTION: Suppose that the Annual fee for a warehouse club membership is $50 and that the reward rate on club purchases for the year is 1.6%. Then the actual annual cost of membership (y), i

Algebra.Com
Question 1132730: Suppose that the Annual fee for a warehouse club membership is $50 and that the reward rate on club purchases for the year is 1.6%. Then the actual annual cost of membership (y), in dollars, for an amount of annual club purchases (x), in dollars, can be modeled by the following linear equation.
y= 50-0.016x
A)Determine the actual annual cost of the membership if club purchases for the year are $1500.
B) What amount of club purchases would reduce the annual cost of the membership to $0?
C) If club purchases for the year exceed $3125, how is the annual actual membership cost affected?
Answer by solver91311(24713)   (Show Source): You can put this solution on YOUR website!


A. Substitute 1500 for and do the arithmetic.

B. Set equal to zero and solve for .

C. Substitute 3125 for and do the arithmetic.


John

My calculator said it, I believe it, that settles it
RELATED QUESTIONS

Suppose that the annual fee for a warehouse club membership is $50 and that the reward... (answered by ewatrrr)
the budget CD Club offers members a savings of 22% on all CD purchases for a yearly... (answered by solver91311)
The Budget CD Club offers members a savings of 18% on all CD purchases for yearly... (answered by checkley77)
A student club on a college campus charges annual membership dues of P800.00, less P5.00... (answered by ankor@dixie-net.com)
Brady belongs to a music club so that he can purchase all of his favorite songs at a... (answered by CPhill)
(for an annual membership fee of 500,mr.bailey can join a club that would allow him to... (answered by josgarithmetic)
How would you solve this problem? For an annual membership fee of $500, Mr. Bailey can... (answered by richwmiller)
You join a movie club that allows you to stream movies at a reduce rate. Your bill last... (answered by JulietG)
a health club charges a one time fee of $99 and then $39 per month for membership. Let m... (answered by josmiceli)