Question

The utility company made a mistake on Ian’s electric bill. The company has agreed to credit Ian’s account for five transactions, each worth $4.50. What will the net change to Ian’s account be after the utility company lives up to the agreement?

Answer 1

The net change to Ian's account will be a credit of $22.50 after the utility company credits five transactions of $4.50 each.

Step-by-step explanation:

The utility company has agreed to credit Ian's account for five transactions, each worth $4.50. To find the total credit Ian will receive, we need to multiply the amount of each transaction by the number of transactions:

5 transactions × $4.50 per transaction = $22.50

So, the net change to Ian's account will be a credit of $22.50. This amount will be credited to his electric bill, reducing the balance owed or potentially resulting in a credit balance to apply to future bills.

Answer 2

The net change to Ian’s account after the utility company lives up to the agreement will be $22.50.

Step-by-step explanation:

The company has agreed to credit Ian’s account for five transactions, each worth $4.50.

This gives
`4.50*5=22.50`

Hence, the net change to Ian’s account after the utility company lives up to the agreement will be $22.50.