Concept explainers
The number of new members that needed to be signed up at the end of one year.
Answer to Problem 22PPS
The number of new members that needed to be signed up at the end of one year is 193.
Explanation of Solution
Given:
The number of new members that needed to be signed up initially is 850. The number of new members to be signed up decrease by 11.6 % every month.
Concept used:
The formula of reduction rate over a time period is given by,
Calculation:
The number of new members that remain to be signed up after 12 months is calculated as,
Conclusion:
Hence, the number of new members that needed to be signed up at the end of one year is 193.
Chapter 7 Solutions
Algebra 1, Homework Practice Workbook (MERRILL ALGEBRA 1)
Additional Math Textbook Solutions
Basic Business Statistics, Student Value Edition
Elementary Statistics (13th Edition)
Calculus: Early Transcendentals (2nd Edition)
University Calculus: Early Transcendentals (4th Edition)
A First Course in Probability (10th Edition)
- Algebra and Trigonometry (6th Edition)AlgebraISBN:9780134463216Author:Robert F. BlitzerPublisher:PEARSONContemporary Abstract AlgebraAlgebraISBN:9781305657960Author:Joseph GallianPublisher:Cengage LearningLinear Algebra: A Modern IntroductionAlgebraISBN:9781285463247Author:David PoolePublisher:Cengage Learning
- Algebra And Trigonometry (11th Edition)AlgebraISBN:9780135163078Author:Michael SullivanPublisher:PEARSONIntroduction to Linear Algebra, Fifth EditionAlgebraISBN:9780980232776Author:Gilbert StrangPublisher:Wellesley-Cambridge PressCollege Algebra (Collegiate Math)AlgebraISBN:9780077836344Author:Julie Miller, Donna GerkenPublisher:McGraw-Hill Education