years of service assuming no change in monthly service price.
To solve this question, we need to first determine the one time setup fee. As it is mentioned that the total cost for one year of service, including the setup fee, is $529.40, we can find the one year service fee by multiplying the monthly service fee, $29.95, by 12 (the number of months in a year).
So, the total service cost for one year will be $29.95 * 12= $359.40.
To find the setup fee, we subtract the total service cost for one year from the total cost for one year (including the setup fee). The equation for this operation is $529.40 - $359.40 = $170.
Hence the setup fee is $170.
In the second part of the question, we are asked to find the total cost of 2 years of service including the setup fee. To get this, we multiply the total service cost for one year by 2 and add the setup fee that we just calculated.
The equation for this operation is 2 * $359.40 + $170 = $888.80.
Therefore, the total cost for 2 years of premium cable service, including the setup fee, is $888.80.