Question

You are considering two possible gym's to join: The first gym's plan has a set up fee of $50 and charges $30 per month. The second gym's plan charges $40 per month and does not have a set up fee. After how many months will the memberships cost the same amount? How much total money will have been spent at that point?

Answer 1

The memberships will cost same amount in 5 months.
The members would have spent $200

One member paid $80 for the first month while the second member paid $40.

1st member 2nd member
30+50=80 40x5= 200
80x5=200


Therefore it’s takes 5 months for both member with a total of $200