The cost of installing insulation in a particular two-bedroom home is $2400. Present monthly heating costs average $200, but the insulation is expected to reduce heating costs by 50%. How many months will it take to recover the cost of the insulation?

24 months

Step-by-step explanation:

The cost of installing insulation in a two bedroom home is $2,400

The monthly heating cost is $200, and it is then reduced by 50%

Then the new monthly heating cost can be calculated as follows

= 50/100 × 200

= 0.5 × 200

= $100

Therefore the number of months that it will take to recover the cost of insulation can be calculated as follows

= 2,400/100

= 24

Hence it will take 24 months

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