You just purchased a new electric vehicle. To make sure you are not paying too much on electricity, Southern California Edison has two packages (this is fictional). Package #1 says you will continue to pay $42 per month plus an additional $0.24 per kWh of electricity per hour. Package #2 says you will have to pay $70 per month, but only be charged $0.14 per kWh of electricity per hour. How many hours will it take for Package #2 to be the better deal?

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
Question
9.
9) You just purchased a new electric vehicle. To make sure you are not paying
too much on electricity, Southern California Edison has two packages (this is
fictional). Package #1 says you will continue to pay $42 per month plus an
additional $0.24 per kWh of electricity per hour. Package #2 says you will
have to pay $70 per month, but only be charged $0.14 per kWh of electricity
per hour. How many hours will it take for Package #2 to be the better deal?
Transcribed Image Text:9) You just purchased a new electric vehicle. To make sure you are not paying too much on electricity, Southern California Edison has two packages (this is fictional). Package #1 says you will continue to pay $42 per month plus an additional $0.24 per kWh of electricity per hour. Package #2 says you will have to pay $70 per month, but only be charged $0.14 per kWh of electricity per hour. How many hours will it take for Package #2 to be the better deal?
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,