Final answer:
The total cost for storing 500 GB of data at a hosting service charging $0.05 per GB is $25.The total cost for storing 500 GB of data at a rate of $0.05 per GB is $25.00, which corresponds to answer choice B.
Step-by-step explanation:
To find the total cost for the 500 GB of data storage used, we need to multiply the amount of data storage by the cost per GB. In this case, the business has stored 500 GB of data and the hosting service charges $0.05 per GB. So, the total cost can be calculated as:
Total cost = Amount of data storage x Cost per GB
Total cost = 500 GB x $0.05/GB = $25
Therefore, the total cost for the business is $25, which is option B.