If the yearly membership for a professional organization is $250 per year for the current year and increases by $25 per year, find the average cost per year if a person joins for 5 yr, 10 yr, and 15 yr,
If the yearly membership for a professional organization is $250 per year for the current year and increases by $25 per year, find the average cost per year if a person joins for 5 yr, 10 yr, and 15 yr,
Solution Summary: The author calculates the average cost per year if a person joins for 5 years, 10 years and 15 years.
To calculate: If the yearly membership for a professional organization is $250 per year for the current year and increases by $25 per year, find the average cost per year if a person joins for 5 yr, 10 yr, and 15 yr,
b)
To determine
If the professional organization offers a one-time fee of $2000 for a lifetime membership, find the average cost per year C2¯(x) (in $) for x years of membership.
c)
To determine
To calculate: The yearly membership for a professional organization is $250 per year for the
Current year and increases by $25 per year, find the average cost per year for 5 yr, 10 yr, and 15 yr, if a person purchases a lifetime membership.
d)
To determine
For a graph of y=C2¯(x)=2000x, provide the meaning of the horizontal asymptote for the graph of y=C2¯(x).
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