Explanation:
you have the formula and the numbers. just calculate !
cost of membership
y = 100 - 0.02x
a)
for x = 2600
y = 100 - 0.02×2600 = 100 - 52 = $48
b)
the reduction element of the cost of membership is the
"- 0.02x" part.
we want to refuse the membership costs by $41, so
0.02x = 41
x = 41/0.02 = $2,050
c)
the same as b)
just now the membership costs need to be reduced to 0.
so, that means we need to reduce by $100 !
0.02x = 100
x = 100/0.02 = $5,000