Question

Last year, Maria spent $2,388 for natural gas. This year, she decided to use balance billing. What will her monthly payment be this year?

Answer 1

Answer:

$\ 199$

Step-by-step explanation:

Given: Maria spent $2388 for natural gas, last year.

Maria chooses to use balance billing process to pay this year´s gas bill.

Balance billing is a billing practice, where provider bill you the difference between total cost and allowed amount. It can be paid partially or monthly. It generally in practice for medical billing as healthcare bill are generated for difference between total cost and amount which is paid through insurance.

Now, lets find out monthly bill paid by Maria.

We know there are 12 months in a year.

∴ Monthly payment= $\frac{\ 2388}{12} = \ 199$

∴Maria will pay $199 monthly as her gas bill this year.