The cost of lifetime membership in the movie club is $96.
Step-by-step explanation:
Given,
Cost per movie = $12
Let,
m be the number of movies
f be the membership fee.
Total amount = 12m+f Eqn 1
Now it is given that cost per movie including fee is $16.
And there are 24 movies bought.
Therefore;
Cost of 24 movies including fee = 16*24 = $384
Now,
Putting this amount and number of movies m in Eqn 1
[tex]384=12(24)+f\\384=288+f\\384-288=f\\96=f\\f=96[/tex]
The cost of lifetime membership in the movie club is $96.