Membership warehouse clubs offer shoppers low prices, along with rewards of cash back on club purchases. If the yearly fee for a warehouse club membership is $100 and the reward rate is 2% on club purchases for the year, then the linear equation y=100−0.02x models the actual yearly cost of the membership y, in dollars. Here x represents the yearly amount of club purchases, also in dollars.a) Determine the actual yearly cost of the membership if club purchases for the yearare $1500.b) What amount of club purchases would reduce the actual yearly cost of the membershipto $47?c) How much would a member have to spend in yearly club purchases to reduce theyearly membership cost to $0?a) The actual yearly cost of the membership if club purchases for the year are $1500 is $___.(Simplify your answer. Type an integer or a decimal.)
Question
Answer:
a) plug in x =2700 into the given equation and solve for y
b) plug in y = 43 into the given equation and solve for x
c) plug in y = 0 into the given equation and solve for x
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