For a club, initiation price is $125 and monthly fee is 17.50 per month. a second club has a monthly fee of $23. how many months will take for the fee of the second club to cost more than the first?

The second club will take approximately 15 months

Solution:

Given that the initiation fees for the first club is $125.  

Monthly fees for the first club = $17.50 per month.

Annual fees for the first club =

= $210

Total fees for the first club = $210+$125

= $335

Now, For the second club there is no initiation fees.

Monthly fees for the second club = $ 23

Annual fees for the second club =

= $276

The difference between the annual fees of the first and the second club is ($335 - $276) = $59

So to cover $59 , the second club will take

Thus the second club will take months to cost more than the first.

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step-by-step explanation:

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