emily pays $93 each year to belong to a photography club. next year, the membership fee will increase by 12.5%. emily estimates that the membership will just be under $100 each year after the increase. what is a true statement about emily's estimate?
a. her estimate is accurate
b. her estimate is inaccurate; the fee will be less than a $100 each year.
c. her estimate is inaccurate; the fee will be more than $100 each year.
d. more info is needed to judge the accuracy of emily's estimate
please explain how u got the answer that u chose
93 * 1.125 = ?
To determine whether Emily's estimate is accurate or not, we need to calculate the membership fee after the increase.
First, we know that the current membership fee is $93. To find the increase amount, we need to multiply the current fee by the percentage increase of 12.5%:
Increase amount = $93 * (12.5/100) = $11.625
Next, we add the increase amount to the current fee to find the new membership fee:
New membership fee = $93 + $11.625 = $104.625
Emily estimates that the fee will be just under $100 each year after the increase. Since the new fee is $104.625, which is greater than $100, we can conclude that her estimate is inaccurate.
Therefore, the correct answer is:
c. her estimate is inaccurate; the fee will be more than $100 each year.