Saved Help Save 9 Econo Cool Air Conditioners Cost 365 To Purchase Result In Electricity Bills Of 163 Per Year And L 1 (28.14 KiB) Viewed 39 times
Saved Help Save 9 Econo Cool Air Conditioners Cost 365 To Purchase Result In Electricity Bills Of 163 Per Year And L 2 (22.28 KiB) Viewed 39 times
Saved Help Save 9 Econo-Cool air conditioners cost $365 to purchase, result in electricity bills of $163 per year, and last for 5 years. Luxury Air models cost $565, result in electricity bills of $126 per year, and last for 8 years. The discount rate is 23%. a. What is the equivalent annual cost of the Econo-Cool model? (Do not round intermediate calculations. Round your answers to 2 decimal places.) 10 points Econo-Cool eBook Equivalent annual cost Print References b. What is the equivalent annual cost of the Luxury Air model? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Luxury Air Equivalent annual cost c. Which model is more cost-effective? Econo-Cool Luxury Air < Prey 9 of 10 Next >
ngh 9 Help c. Which model is more cost-effective? ints eBook Econo-Cool Luxury Air Print ferences d-1. Now you remember that the inflation rate is expected to be 10% per year for the foreseeable future. What is the equivalent annual cost of the Econo-Cool and Luxury Air model? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Econo-Cool Luxury Air Equivalent annual cost d-2. Which model is more cost-effective? O Econo-Cool Luxury Air Next
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