What are the equivalent annual costs of the Econo-cool and Luxury Air models?

Econo-cool air conditioners cost $300 to purchase, result in elec- tricity bills of $150 per year, and last for 5 years. Luxury Air models cost $500, result in electricity bills of $100 per year, and last for 8 years. The discount rate is 21 percent.

What are the equivalent annual costs of the Econo-cool and Luxury Air models?

 

Solution

Econo cool AC C*annuity factor @ 21% for 5 years = 300 C* 2.92598 = 300 EAC = 102.53 add 150 = $ 252.53 Luxury Air models C*annuity factor @ 21% for…………………………………………………….

 

For a custom-written paper, place your order now
What We Offer:
• On-time delivery guarantee
• PhD-level professionals
• Automatic plagiarism check
• 100% money-back guarantee
• 100% Privacy and Confidentiality
• High Quality custom-written papers

 

Unlike most other websites we deliver what we promise;

  • Our Support Staff are online 24/7
  • Our Writers are available 24/7
  • Most Urgent order is delivered with 6 Hrs
  • 100% Original Assignment Plagiarism report can be sent to you upon request.

GET 15 % DISCOUNT TODAY use the discount code PAPER15 at the order form.

Type of paper Academic level Subject area
Number of pages Paper urgency Cost per page:
 Total: