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.

3 answers

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.

Write an equation using m

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.