Alexander B. answered 05/16/18
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Equation in general form for any arbitrary usage KWH (kilowatt-hours) could be written as:
AMT = 1.07 x (40 + KWH x 0.02)
AMT = 1.07 x (40 + KWH x 0.02)
Assuming electricity usage KWH = 40 per month, the equation for the total amount AMT could be written as follows:
AMT = 1.07 x (40 + 40 x 0.02) = $43.66
Note: the problem definition seems incomplete - it states just 40 hours without specifying the power consumption (KW). The solution is given on the assumption of 40 kilowatt-hours (KWH)