4-12. A new oven will save $100 per year in electricity expense. How much can we afford...

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4-12. A new oven will save $100 per year in electricity expense. How much can we afford to pay for this oven if it is expected to last 15 years? The interest rate is 12% per year. (4.7.2)

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Engineering Economy

ISBN: 9780134870069

17th Edition

Authors: William Sullivan, Elin Wicks, C Koelling

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