7. 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?

2015:

250 members

$95 annual subscription

2016

250 members + 4%

$95 annual subscription + 6%

Work:

250 x 1.04 = 260

95 x 1.06 =  100.7

260 x 100.7 = 26,182

Thus, the club makes $26,182 from 260 members who pay a subscription of $100.7

y=mx+b

step-by-step explanation:

m slope, b y-intercept

$9.89

step-by-step explanation:

9.90 = p x .06 x .25 (3/12 changed to a decimal)

9.90 = p x 0.015

9.90 - 0.015 = p

9.89 = p