Domestic Consumer

A domestic consumer is offered two alternative methods of paying for her annual water bill. The first option is to make 8 payments of £32 at certain points over the forthcoming year. The second is to have her water metered and pay £0.08 for each cubic metre of water used plus an annual standing charge of £20. What is the maximum amount of water she would have to use over the year to make it economical for her to choose the second payment method?

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