What is the average daily cost to run dryer

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Suppose you have a clothes dryer that uses 4000 watts of power and you run it for an average of 1 hour each day.

a) If you pay the utility company 14 cents per kilowatt-hour of electricity, what is the average daily cost to run your dryer? (Report answer in dollars, to the nearest cent.)

b) How much would you save in a year if you replace it with a more efficient model that uses only 2000 watts? (Report your answer in dollars, to the nearest cent.)

Reference no: EM131397587

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