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A new oven will save $90 per year in electricity expense. How much can we afford to pay for this oven if it is expected

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A new oven will save $90 per year in electricity expense. How much can we afford to pay for this oven if it is expected to last 14 years? The interest rate is 12% per year. Click the icon to view the interest and annuity table for discrete compounding when i= 12% per year. The affordable amount of payment is $O. (Round to the nearest dollar.)

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