Question

Lewis recently filed bankruptcy and now has a poor credit rating. He moved into an apartment and is setting up new accounts for his electric and cable. The deposits and connection fees for customers based on their credit rating are shown below.


Electric Deposit
Electric Connection Fee
Cable Deposit
Cable Connection Fee
Good Rating
$90
$50
$65
$75
Poor Rating
$205
$75
$150
$110

How much more in deposits and fees will Lewis pay to have his electric and cable turned on because of his bankruptcy?
a.
$260
b.
$280
c.
$360
d.
$540


Please select the best answer from the choices provided

A
B
C
D

Answer 1

A

Good rating total = (90+50) + (65+75) = 140 + 140 = 280
Poor rating total = (205+75) + (150+110) = 280 + 260 = 540
Difference = 540 - 280 = 260