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 #714419 by KMST(5328)![]() ![]() You can put this solution on YOUR website! NOTE: \n" ); document.write( "Watts and megawatts are measures of power (the rate/speed at which energy is used or delivered). \n" ); document.write( "That means that people are billed for the amount of energy used in \n" ); document.write( "My electric bill is in kilowatt-hour in the USA, \n" ); document.write( "y era en kilovatios-hora cuando yo vivía en Sudámerica. \n" ); document.write( " \n" ); document.write( "An increase of 4% per year meas that as a 4% of the previous cost is added, \n" ); document.write( "the new cost becomes 100% + 4% = 104% of what it was before. \n" ); document.write( "In other words, cost gets multiplied times \n" ); document.write( "Starting at \n" ); document.write( "after 5 years it would be \n" ); document.write( " \n" ); document.write( "I would round that to \n" ); document.write( " \n" ); document.write( " |