Solve the Problem. -The Cost of Owning a Home Includes Both Fixed Costs

question 73

Multiple Choice

Solve the problem.
-The cost of owning a home includes both fixed costs and variable utility costs. Assume that it costs $5682 per month for mortgage and insurance payments and it costs an average of $1.35 per unit for Natural gas, electricity, and water usage. Determine a linear equation that computes the annual cost Of owning this home if x utility units are used.

• A)y = -1.35x + 68,184
• B)y = 1.35x + 5682
• C)y = -1.35x + 5682
• D)y = 1.35x + 68,184

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Definitions:

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