Math Question That needs a answer

Question

A family pays $19 each month for their Optimum Internet access. Next month, the cost will increase by 5% because of an equipment fee. After this increase, what will be the cost for the Optimum Internet Access?

Answer 1

A family pays $19 each month for their optimum internet access. After the increasing ratio of 5%, the family pays $19.95 in each month in cost of their optimum internet access.