Kathy operates a gym.She sells memberships that entitle the member to use the facilities at any time.A one-year membership costs $360 ($360/12 = $30 per month);a two-year membership costs $600 ($600/24 = $25 per month).Cash payment is required at the beginning of the membership period.On July 1,2010,Kathy sold a one-year membership and a two-year membership.
A)Only I is true.
B)Only I and II are true.
C)Only II and III are true.
D)I,II,and III are true.
E)None of the above.

Question

Kathy operates a gym.She sells memberships that entitle the member to use the facilities at any time.A one-year membership costs $360 ($360/12 = $30 per month);a two-year membership costs $600 ($600/24 = $25 per month).Cash payment is required at the beginning of the membership period.On July 1,2010,Kathy sold a one-year membership and a two-year membership. 
A)Only I is true. 
B)Only I and II are true. 
C)Only II and III are true. 
D)I,II,and III are true. 
E)None of the above.

Quizplus · Accepted Answer

The Answer of Kathy operates a gym.She sells memberships that entitle the member to use the facilities at any time.A one-year membership costs $360 ($360/12 = $30 per month);a two-year membership costs $600 ($600/24 = $25 per month).Cash payment is required at the beginning of the membership period.On July 1,2010,Kathy sold a one-year membership and a two-year membership. 
A)Only I is true. 
B)Only I and II are true. 
C)Only II and III are true. 
D)I,II,and III are true. 
E)None of the above.

Kathy Operates a Gym