Solve each problem. Warehouse Club Membership If the annual fee for a warehouse club membership is $100

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Solve each problem.

Warehouse Club Membership If the annual 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 annual cost of the membership y, in dollars. Here x represents the annual amount of club purchases, also in dollars.

(a) Determine the actual annual cost of the membership if club purchases for the year are $2400.

(b) What amount of club purchases would reduce the actual annual cost of the membership to $50?

(c) How much would a member have to spend in annual club purchases to reduce the annual membership cost to $0?

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Related Book For  answer-question

College Algebra

ISBN: 978-0134697024

12th edition

Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels

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