Membership warehouse clubs offer shoppers low prices, along with rewards of cash back on club purchases. If the yearly fee for a warehouse club membership is $ and the reward rate is 2% on club purchases for the year, then the linear equation y=100 -0.02x models the actual yearly cost of the membership y, in dollars. Here represents the yearly amount of club purchases, also in dollars. a) Determine the actual yearly cost of the membership if club purchases for the year are $2700. b) What amount of club purchases would reduce the actual yearly cost of the membership to $28? c) How much would a member have to spend in yearly club purchases to reduce the yearly membership cost to $0?
Membership warehouse clubs offer shoppers low prices, along with rewards of cash back on club purchases. If the yearly fee for a warehouse club membership is $ and the reward rate is 2% on club purchases for the year, then the linear equation y=100 -0.02x models the actual yearly cost of the membership y, in dollars. Here represents the yearly amount of club purchases, also in dollars. a) Determine the actual yearly cost of the membership if club purchases for the year are $2700. b) What amount of club purchases would reduce the actual yearly cost of the membership to $28? c) How much would a member have to spend in yearly club purchases to reduce the yearly membership cost to $0?
Trigonometry (MindTap Course List)
10th Edition
ISBN:9781337278461
Author:Ron Larson
Publisher:Ron Larson
ChapterP: Prerequisites
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Membership warehouse clubs offer shoppers low prices, along with rewards of cash back on club purchases. If the yearly fee for a warehouse club membership is $100
and the reward rate is 2% on club purchases for the year, then the linear equation y=100 -0.02x models the actual yearly cost of the membership y, in dollars. Here x
represents the yearly amount of club purchases, also in dollars.
a) Determine the actual yearly cost of the membership if club purchases for the year
are $2700.
b) What amount of club purchases would reduce the actual yearly cost of the membership
to $28?
c) How much would a member have to spend in yearly club purchases to reduce the
yearly membership cost to $0?
nts
a) The actual yearly cost of the membership if club purchases for the year are $2700 is $.
(Simplify your answer. Type an integer or a decimal.)
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