document.write( "Question 1099902: Every year, the cost of electricity increases by 4%. If electricity currently costs 30 pesos per megawatt, what will the per-megawatt cost be in 5 years? Round off your answer to the nearest whole number. \n" ); document.write( "

Algebra.Com's Answer #714416 by josmiceli(19441) $\"\"$ $\"About$

You can put this solution on YOUR website!
Let $\"+C+\"$ = cost after $\"+t+\"$ years
\n" ); document.write( "Let $\"+C%5B0%5D+\"$ = cost at $\"+t+=+0+\"$ years
\n" ); document.write( "----------------------------------
\n" ); document.write( " $\"+C%5B0%5D+=+30+\"$
\n" ); document.write( " $\"+t+=+5+\"$
\n" ); document.write( " $\"+C+=+C%5B0%5D%2A%28+1+%2B+.04+%29%5Et+\"$
\n" ); document.write( " $\"+C+=+30%2A1.04%5E5+\"$
\n" ); document.write( " $\"+C+=+30%2A1.2167+\"$
\n" ); document.write( " $\"+C+=+36.4996\"$
\n" ); document.write( "The cost in 5 yrs will be 36.5 pesos,
\n" ); document.write( "rounded off 37 pesos\r
\n" ); document.write( "\n" ); document.write( " \n" ); document.write( "

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