Question

In 2015 a club has 250 members who each pay $95 annual subscription.
In 2016 the membership increases by 4% and the annual subscription is
increased by 6%. What is the total income from subscriptions in 2016?

Answer 1

Answer:

Total Income Subscription in2016 is $26182

Step-by-step explanation:

Given

2015

Members - 250

Members - 250 Annual Subscription - $95

2016

Membership increases by 4 %

Membership increases by 4 % Annual Subscription increases by 6%

To

Total income Subscription for 2016

Solution

Members = 4% 250 =======》 10

Annual Subscription = 6 % 95 ========》5.7

Total Income Subscription in 2016

= (250+10) X ( 95.0+5.7)

(250+10) X ( 95.0+5.7) = 260 X 100.7

(250+10) X ( 95.0+5.7) = 260 X 100.7 = 26182

Answer 2

Answer:

26182

Step-by-step explanation:

Member 250 * 4% = 10

Total member in 2016 = 250 +10 = 260

annual subscription = 95*6% = 5.7

Total annual subscription in 2016 = 95+5.7=100.7

Total income = 260 * 100.7 = $ 26182