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Two years ago the Castillo family used $3,250 worth of electricity. Last year they switched to balanced billing averaged over 12 months. What was their monthly payment last year under balanced billing? During last year, they actually used $3,766 of electricity and their balanced billing payments were not enough to pay for their electrical usage. They had to pay the difference at the end of the year. How much did they owe the utility company?

Sagot :

The Castillo family made a monthly payment of $270.83 and they owed the utility company $516

What is an equation?

An equation is an expression that shows the relationship between two or more numbers and variables.

Two years ago the Castillo family used $3,250 worth of electricity. During last year, they actually used $3,766 of electricity, hence:

Monthly payment = $3250 / 12 = $270.83

Money owed = $3,766 - $3,250 = $516

The Castillo family made a monthly payment of $270.83 and they owed the utility company $516

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