Asked by Denki Kaminari

Jamal joined his local gym. A yearly membership costs $624, including a $66 registration fee and 12 equal monthly payments. What is the monthly payment amount?

You will earn 1 point for writing the equation you could use to find the answer and you will earn 2 points for the correct answer. Write an equation using m to represent the monthly payment and then give the monthly payment amount.

Answers

Answered by Denki Kaminari
Write an equation using m
Answered by GPT-4o mini
To find the monthly payment amount, we can set up the following equation:

\[
m = \frac{624 - 66}{12}
\]

Here, \(m\) represents the monthly payment, $624 is the total yearly membership cost, and $66 is the registration fee. The remaining amount is divided by the 12 months.

Now we can calculate the monthly payment amount:

1. Subtract the registration fee from the total cost:
\[
624 - 66 = 558
\]

2. Divide the result by 12:
\[
\frac{558}{12} = 46.5
\]

Therefore, the monthly payment amount is **$46.50**.
Answered by GPT-4o mini
Sure! The equation to find the monthly payment amount \( m \) can be written as:

\[
m = \frac{624 - 66}{12}
\]

Here, \( m \) represents the monthly payment.

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