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)\"\" \"About 
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\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 \"kilowatt%2Ahour\" . That is power multiplied by time.
\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.
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\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 \"104%2F100=1.04\" every year.
\n" ); document.write( "Starting at \"30+pesos\" per unit of energy,
\n" ); document.write( "after 5 years it would be
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\n" ); document.write( "I would round that to \"36pesos\" , because 36.499587072 is less than 36.50.
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