The present reading based on the consumption by the electric company will be
How to calculate the consumption?
From the information given, it was stated that the previous reading was 7282 kwh and the consumption for February was 337kwh.
Therefore, the present reading will be:
= 7282 kwh + 337 kwh
= 7619 kwh
The amount due in January will be:
= 734.50 + (10.02 × 355)
= 734.50 + 3557.10
= $4291.60
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