variable Equation

Question

A company leases medical equipment in their homes. Each month,they charge$50 as a membership for their services. In addition, they charge a rental fee equaling 4.5% of the cost of the equipment. Is a patron rents for a month a piece of equipment that would cost $1000 for them to buy,the company charges the patron a$50 membership fee and a 4.5%(of $1000) rental fee

Answer 1

If the question is asking for the equation for the total cost for month, you would solve the problem as follows.

The Cost for Subscription per month is $50

The rental fee is "4.5% of the cost of the equipment"

in math you can translate the word "of" to "times"

SO 4.5% times (cost of equipment)

= 4.5% x ($1000)

= (4.5%/100) x $1000 (change the % into a decimal by dividing by 100)

= $45 is the cost per month for the equipment.

The total cost would be the cost of the subscription plus the cost of the rental fee

Total Cost = $50 + $45 = $95/month