A one-year (52-week) subscription to a weekly magazin e is $39.95. Greg calculates that he would save $219.53 if he subscribed to the magazine instead of purchasing it each week at the store. What is the price of the individual magazine at the store?
Answer:
Price of the individual magazine at the store is $ 4.99
Solution:
Given that one-year (52-week) subscription to a weekly magazine is $39.95
Greg calculates that he would save $219.53 if he subscribed to the magazine instead of purchasing it each week at the store
To find: price of the individual magazine at the store
Price of the individual magazine at the store can be calculated by adding the price of one year subscription to a weekly magazine and price saved by Greg and then divide by 52 (since 1 year = 52 week )
[tex]\rightarrow 39.95 + 219.53 = 259.48[/tex]
Let us divide the above value by 52 to get price of the individual magazine at the store
[tex]\text{ price of the individual magazine at the store } = 259.48 \div 52[/tex]
[tex]\rightarrow \frac{259.48}{52} = 4.99[/tex]
So price of the individual magazine at the store is $ 4.99