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Yoga, Spa, and Swim Club is planning for the coming year. Investors would like to earn a 10% return on the company's $ 40 comma

Yoga, Spa, and Swim Club is planning for the coming year. Investors would like to earn a 10% return on the company's image text in transcribed$ 40 comma 000 comma 000 of assets. The company primarily incurs fixed costs to maintain the swimming pool. Fixed costs are projected to be $ 12 comma 900 comma 000 for the year. About 500 comma 000 members are expected to swim each year. Variable costs are about $ 13 per swimmer. The club has a favorable reputation in the area and therefore, has some control over the membership price. Using a cost-plus approach, what price should club charge for a membership? (Round the final answer to the nearest cent.)

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