5 Meridian Energy offers a \( 10 \% \) 'prompt payment' discount to customers who pay by Direct Debit. The Waitai family has a bill of \( \$ 373.92 \). a How much will the Waitai family savempy paying by Direct Debit? b How much will they pay Meridian Energy?
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To calculate the discount the Waitai family will save by paying via Direct Debit, we first find \( 10\% \) of their bill. a. The discount amounts to \( 0.10 \times 373.92 = 37.392 \). Rounding this to two decimal places, the Waitai family saves approximately \( \$ 37.39 \) by opting for Direct Debit. b. Subtracting the discount from the original bill: \( 373.92 - 37.39 = 336.53 \). Thus, the Waitai family will pay Meridian Energy approximately \( \$ 336.53 \).