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A gym membership is offered in January for $39.00 per month. If you pay upfront for the year, you are given a 25% discount on the monthly cost. How much money do you save after a year by paying upfront rather than monthly?

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akjlaurelsprings

Answer: $351

Step-by-step explanation:

We need to setup two equations:

If you're taking the monthly cost: y = 468x, where x is the number of months.

If you're paying upfront: y = 12(0.25(39))x = 117x, where x is the number of years

So in one year, you will save (468-117) = $351 by paying upfront.

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