Question

a gym membership is offered in January for $29.00 per month. If you pay upfront for the year you are given a 20% discount on the monthly cost. How much money do you save after a year by paying upfront rather than monthly?

Answer 1

278.4 dollars

Explanation:

So you know that each month is 29.00 dollars

You mutilpy that by 12 to find out the total cost for paying each month

That would be 348 dollars

So if you pay upfront that takes 20 percent off

So you take the 348 and take 20 percent off

That would be 69.6

So then to find the amount saved you subtract 69.6 from 348

Which would be 278.4 dollars

They saved 278.4 dollars