The Perricone family had a water meter reading of 3,970 Tgal last month and 3,973 Tgal this month.
Their water supplier charges a rate of $23.75 per Tgal. What is the estimated annual water cost for
the Perricone family?

Respuesta :

The estimated annual water cost for the Perricone family= $1,132,305

Calculation of Estimated water cost

The family meter reading for last month = 3,970 Tgal

The family meter reading for next month= 3,973 Tgal

The rate charged by the supplier = $23.75 per Tgal.

There is increase in the meter reading per month by 3Tgal.

To calculate for the monthly cost = 23.75 × 3,970

= $94287.5

Therefore annually= $94287.5 × 12 = $1,131,450

The cost for each monthly increase = 23.75 × 3= $71.25

Therefore annual monthly increase= 71.25× 12= $855

Therefore, the estimated annual water cost for the Perricone family= $1,131,450 + $855

= $1,132,305

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