Question 316320
$120 times 12 = $1440 as last year's total.

The monthly bill went up 45%.

Then 120 times 0.45 = 54.

We add 120 to 54 and get $174 as the new monthly bill this year.

If you want to know what the new yearly total will be, just multiply $174 times 12.

Last year you paid $1440 and this year it will be $2088, which is 174 times 12.