Some rental units have certain expenses included with the rent. Water, electricity, and heating are often referred to as utilities. Some tenancy agreements require the tenant to pay for utilities. 7. a) Bianca and Sarah rent a semi-detached house. They pay for utilities as well as rent. Complete the chart to determine their estimated annual cost for utilities. Average Billing Frequency Estimated Amount Billed Annual Cost Item Natural gas Monthly $118 Electricity Bi-monthly $140 Water Quarterly $120 Estimated Total Annual Cost b) A news report claimed that utility costs would rise by an average of 10% next year. Estimate how much Bianca and Sarah can expect to pay for utilities next year. O
Some rental units have certain expenses included with the rent. Water, electricity, and heating are often referred to as utilities. Some tenancy agreements require the tenant to pay for utilities. 7. a) Bianca and Sarah rent a semi-detached house. They pay for utilities as well as rent. Complete the chart to determine their estimated annual cost for utilities. Average Billing Frequency Estimated Amount Billed Annual Cost Item Natural gas Monthly $118 Electricity Bi-monthly $140 Water Quarterly $120 Estimated Total Annual Cost b) A news report claimed that utility costs would rise by an average of 10% next year. Estimate how much Bianca and Sarah can expect to pay for utilities next year. O
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Utilities
Some rental units have certain expenses included with the
rent. Water, electricity, and heating are often referred to as
utilities. Some tenancy agreements require the tenant to pay
for utilities.
7. a) Bianca and Sarah rent a semi-detached house. They
pay for utilities as well as rent. Complete the chart to
determine their estimated annual cost for utilities.
Average
Billing
Frequency
Estimated
Amount Billed Annual Cost
Item
Natural gas
Monthly
$118
Electricity
Bi-monthly
$140
Water
Quarterly
$120
Estimated
Total Annual
Cost
b) A news report claimed that utility costs would rise by
an average of 10% next year. Estimate how much
Bianca and Sarah can expect to pay for utilities
next year.
0](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd64f0710-7de0-4809-919d-c97aa5762117%2Fd99f6690-01f1-476c-9a12-7bc2786bd675%2F5wvobp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Utilities
Some rental units have certain expenses included with the
rent. Water, electricity, and heating are often referred to as
utilities. Some tenancy agreements require the tenant to pay
for utilities.
7. a) Bianca and Sarah rent a semi-detached house. They
pay for utilities as well as rent. Complete the chart to
determine their estimated annual cost for utilities.
Average
Billing
Frequency
Estimated
Amount Billed Annual Cost
Item
Natural gas
Monthly
$118
Electricity
Bi-monthly
$140
Water
Quarterly
$120
Estimated
Total Annual
Cost
b) A news report claimed that utility costs would rise by
an average of 10% next year. Estimate how much
Bianca and Sarah can expect to pay for utilities
next year.
0
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