Question

chyou has heard that gas appliances are cheaper to use and can lower utility costs. she is interested in purchasing a new gas dryer to replace her electric dryer. assuming that the dryer dries one load per day, use the following chart to determine how much chyou will save each year in utility costs by purchasing the gas appliance.
electric dryer 45 cents per load
gas dryer 16 cents per load
a. $165.25
b. $105.85
c. $58.40
d. $47.45
please select the best answer from the choices provided

Explanation:

Step1: Calculate cost - difference per load

Find the difference in cost per load between the electric and gas dryer. $45 - 16=29$ cents per load.

Step2: Calculate annual savings

Since there is 1 load per day and 365 days in a year, convert 29 cents to dollars ($0.29$) and multiply by 365. $0.29\times365 = 105.85$ dollars.

Answer:

B. $105.85$