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A new air conditioning unit costs P150,000 and will have a salvage value of P15,000 after 5 years. Electrical cost per kWh is P1.25. Calculate

A new air conditioning unit costs P150,000 and will have a salvage value of P15,000 after 5 years. Electrical cost per kWh is P1.25. Calculate the annual savings in terms of electrical savings if MARR is 15% per year.

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