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A new oven will save $100 per year in electricity expense. How much can we afford to pay for this even if it is

A new oven will save $100 per year in electricity expense. How much can we afford to pay for this even if it is expected to last 18 years? The interest rate is 15% per year. Click the icon to view the interest and annuity table for discrete compounding when in 15% per year. The affordable amount of payment is $(Round to the nearest dollar)

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