question 9 (12.25 points)\nyou decided to move from dyersburg, tn to murfreesboro, tn. based on the percent…

question 9 (12.25 points)\nyou decided to move from dyersburg, tn to murfreesboro, tn. based on the percent change for utilities from the cost of living calculator, how much can you expect to pay for utilities in murfreesboro if you paid an average of $202.43 for utilities in dyersburg?\nwhere do you live? dyersburg, tennessee\nwhere do you want to live? murfreesboro - smyrna, tennessee\nwhats your salary? $52000\nbased on your current salary and lifestyle in dyersburg, your murfreesboro - smyrna salary would need to be: $52,988 which is 2% ↑\ncost of living breakdown\nthese categories are auto - filled based on an average of what people spend. type in your own numbers for a more accurate comparison.\ncost\tincrease ↑ / decrease ↓\nhousing\t1% ↓\nutilities\t13% ↓\nfood\t10% ↑\ntransportation\t2% ↓\nhealth care\t8% ↑\nlifestyle\t4% ↑\nenter the dollar amount rounded to the nearest cent.\nyour answer:
Answer
Explanation:
Step1: Identify the percent - change for utilities
The cost of utilities in Murfreesboro has a 13% decrease compared to Dyersburg. The percent - change formula for a decrease is $New\ value=(1 - \text{Percent decrease})×Old\ value$. Here, the percent decrease is 0.13 and the old value (average utilities cost in Dyersburg) is $202.43.
Step2: Calculate the new cost of utilities
$New\ cost=(1 - 0.13)\times202.43$. First, $1- 0.13 = 0.87$. Then, $0.87\times202.43=176.1141$.
Step3: Round to the nearest cent
Rounding 176.1141 to the nearest cent gives $176.11$.
Answer:
$176.11$