To find the monthly payment amount, we need to subtract the registration fee from the total cost of the membership and then divide by the number of months.
Total cost of the membership per year = $624
Registration fee = $66
Remaining cost of the membership = $624 - $66 = $558
Number of months = 12
Monthly payment amount = Remaining cost of the membership / Number of months
= $558 / 12
= $<<558/12=46.50>>46.50
The monthly payment amount for the gym membership is $46.50.
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
1 answer
1 answer