31
QuizMultiple Choice

Home Ownership

Question 31 • Financial Math - MA2007

Chloe lives in an area where she runs the air conditioner during the 4 hottest months of the year. The air conditioner runs for 7 hours per day at a cost of 21 cents per hour. How much does she spend per year on utility bills for the air conditioner?(Assume there are 30 days in each month)

Answer
A
$705.60
B
$588.00
C
$216.09
D
$176.40

Explanation

She uses the air conditioner for 4 × 30 = 120 days, at 7 hours per day, for 120 × 7 = 840 hours total. At $0.21 per hour, the cost is 840 × $0.21 = $176.40, so the correct choice is $176.40.

AI-written and checked against the verified answer.

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