Question

A family pays $22 a month for cable next month the cost will increase 5% because of equipment fees after this increase what will be the new cost for the bill?

Answer 1

After a 5% increase on a $22 cable bill due to equipment fees, the new monthly cost for the family will be $23.10.

Step-by-step explanation:

If a family currently pays $22 a month for cable and the cost is set to increase by 5% due to equipment fees, we can calculate the new cost of the bill. To find the increased amount, we multiply the current bill by the percentage increase:

New Increase = Current Cost × Percentage Increase
New Increase = $22 × 0.05
New Increase = $1.10

The new increase is $1.10. Therefore, to find the new total cost, we add the increase to the original cost:

New Total Cost = Current Cost + New Increase
New Total Cost = $22 + $1.10
New Total Cost = $23.10

Thus, after a 5% increase in the cable bill due to equipment fees, the new monthly cost for the family will be $23.10.