A recording studio charges musicians an initial fee of $50 to record an album. Studio time costs an additional $75 per hour. Is it less expensive to purchase 12 hours of recording time at the studio or a $795 music software program that you can use to record on your own computer?
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To compare the costs, we need to calculate the total cost of both options:
For the recording studio:
Initial fee: $50
Studio time: $75/hour * 12 hours = $900
Total cost at the recording studio = Initial fee + Studio time = $50 + $900 = $950
For the music software program:
Cost of the program = $795
Therefore, it is less expensive to purchase the music software program, as the total cost at the recording studio is $950 compared to only $795 for the software program.