Your utility company charges 13 cents per kilowatt-hour of electricity. Complete parts (a) and (b) below.
a. What is the daily cost of keeping lit a 60-watt light bulb for 10 hours each day?
b. How much will you save in a year if you replace the bulb with an LED bulb that provides the same amount of light
using only 15 watts of power?
a. The daily cost of keeping lit a 60-watt light bulb for 10 hours each day is $
(Round to three decimal places as needed.)
b. The yearly savings of replacing the 60-watt light bulb with a 15-watt light bulb is $
(Round to two decimal places as needed.)