Let X = initiation fee
X + 18m = 3950
X + 7m = 3125
Subtract second equation from first to solve for m. Insert value into either equation to solve for X.
There is an initiation fee to join the River Country Club, as well as monthly dues. The total cost after 7 months' membership will be $3,125, and after 11/2 years, $3,950. Find both the initiation fee and the monthly dues.
initiation fee $
monthly dues $
1 answer