To calculate the Pond Pump Running Cost (PPRC):
\[ PPRC = P \times T \times EC \]
Where:
The cost to run a pond pump depends on the power usage of the pump, the amount of time the pump is running, and the cost of electricity in the area.
Let's assume the following values:
Step 1: Use the pond pump running cost formula:
\[ PPRC = P \times T \times EC = 1.5 \times 8 \times 0.12 = 1.44 \text{ dollars/day} \]
The Pond Pump Running Cost is $1.44 per day.