34
QuizMultiple Choice

Home Ownership

Question 34 • Financial Math - MA2007

The national average utility cost is $270.48 per month. If the average phone bill is 12.6% of the total amount and the average utility cost for Dallas is $326, what would be the cost of a typical Dallas home phone bill?

Answer
A
$48.30
B
$55.52
C
$34.08
D
$41.08

Explanation

A typical phone bill is 12.6% of the total utility cost. For Dallas, calculate $326 × 0.126 = $41.076, which rounds to $41.08. The correct choice is $41.08.

AI-written and checked against the verified answer.

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