LO 6.5 19. Mike bought an energy-efficient heat pump for his home, at a cost of $2,500

Question:

LO 6.5 19. Mike bought an energy-efficient heat pump for his home, at a cost of $2,500 in 2010.

a. If the heat pump has a 2-year warranty, what is Mike’s credit?

b. If the heat pump cost $6,000 and has a 3-year warranty, what is Mike’s credit?
$ ____________

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